<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Avon appoints new head of China business

          Updated: 2012-02-21 10:19

          By Li Woke (China Daily)

            Comments() Print Mail Large Medium  Small

          BEIJING - Avon Products Inc has decided to put a new executive in charge of its business in China. The news comes at a time when the company has seen its sales decline and is being investigated after allegations of overseas bribery.

          John Lin, head of Avon's Canadian unit, will become president of the US cosmetics company's China section next month, said Fang Lei, a company spokeswoman, in Beijing on Monday.

          The appointment comes as Avon, a leading global beauty company, searches for a replacement for the current chief executive officer, Andrea Jung, who is to remain the chairman of the New York-based company.

          Various media have reported that Avon opened an internal probe in 2008 into whether its China business had violated US anti-corruption laws. In regulatory filings in 2011, Avon disclosed that four company executives were fired in response to suspicions that they had bribed Chinese officials.

          Last week, Avon, the largest door-to-door cosmetics seller in the world, reported its annual financial results. Its full-year income from continuing operations was $526 million, or $1.20 per diluted share, down from the $595 million it had in 2010, or $1.36 per diluted share.

          It had an operating profit of $855 million, a 20 percent decrease from the year before, and had an operating margin of 7.6 percent, down 230 basis points. Avon's net debt at the end of 2011 was $2.1 billion, up $107 million from the end of the previous year, according to the company's website.

          Avon entered the Chinese market in 1990. In 2006, it obtained a direct-selling license in China. Two years later, the cosmetic giant had around 600,000 sales representatives and almost 6,000 shops in the country.

          Besides seeing its sales plunge and adopting strategy changes, Avon has faced greater competition from larger cosmetics makers such as Mary Kay Inc, Unilever PLC and Procter & Gamble Co.

          Last year, China was the market where about 2 percent of Avon's global sales took place. The company had more than $11 billion in revenue.

          "Avon's every strategic adjustment is relatively passive," said a report by the Samsung Economic Research Institute. "The strategy changes may be difficult to avoid, but at least, it should not be too results-oriented and come at the expense of partners' interests.

          "The most important issue facing Avon is not just business transformation and long-term strategic planning, but to rebuild its business reputation and establish a more effective and long-term incentive system."

          主站蜘蛛池模板: 色吊丝二区三区中文字幕| 日本特黄特色aaa大片免费欧 | 日韩欧美不卡一卡二卡3卡四卡2021免费| 亚洲国产精品久久久久4婷婷| 国产精品午夜福利在线观看 | 午夜福利高清在线观看| 国产精品一区二区婷婷| 日韩人妻精品中文字幕| 少妇尿尿一区二区在线免费| 日韩午夜福利视频在线观看| 亚洲av专区一区| 人妻少妇88久久中文字幕| 中文字幕亚洲综合久久2020| 国产 麻豆 日韩 欧美 久久| 久久大香伊蕉在人线免费AV| 欧美猛少妇色xxxxx| 久久精品一本到99热免费| 中文字幕无字幕加勒比| 婷婷五月综合丁香在线| 性夜影院爽黄e爽| 国产成人高清亚洲一区91| 欧美人禽zozo动人物杂交| 国产黄色看三级三级三级| 69精品丰满人妻无码视频a片 | 亚洲国产一区二区三区久 | 国产精品一精品二精品三| 亚洲各类熟女们中文字幕| 亚洲人成亚洲人成在线观看| 东京热大乱系列无码| 国产91精选在线观看| 国产AV无码专区亚洲AWWW| 久久久欧美国产精品人妻噜噜| 99热这里都是国产精品| 婷婷六月综合缴情在线| 熟妇与小伙子露脸对白| 不卡一区二区国产在线| 人妻出轨av中文字幕| 国产超碰无码最新上传| 国产av一区二区三区丝袜| 不卡一区二区三区四区视频| 日本一卡2卡3卡4卡无卡免费|