Orman to be Special Personal Finance Advisor to Avon Representatives
NEW YORK, Jan. 3 /PRNewswire/ -- Avon Products, Inc. announced today a
special partnership with Suze Orman, renowned personal finance expert,
award winning television host and best-selling author. Ms. Orman will work
with Avon to advance their shared missions to provide financial empowerment
to women around the world. In this capacity, she will serve as a Special
Personal Finance Advisor to the Avon Representatives to offer money
management advice and strategies for success. A first of its kind in the
direct selling industry, the program will launch this month to the
company's nearly 500,000 Avon Representatives in the U.S., with plans to
expand globally in the future.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080103/NYTH021 )
"At Avon, we truly believe that the single most effective way to create
positive change in the world is by helping to improve the lives of women
everywhere," said Andrea Jung, Avon's Chairman and Chief Executive Officer.
"For over a century -- thirty-four years before women won the right to vote
-- Avon has been providing women the opportunity to earn money and achieve
economic independence. Suze shares our deep commitment to empower women,
and working together, we can form a powerful partnership to continue to
advance this important agenda."
Ms. Jung noted that Avon had conducted a worldwide opinion poll of
women in 16 countries in early 2007, and the findings overwhelmingly showed
that worries about money were at the top of the list of women's concerns.
"Having enough money to live right and pay the bills" was cited by women as
the number-one factor that would change their lives for the better.
"No company is more committed than Avon to helping women achieve
economic independence," says Suze Orman, "and this is certainly what my
life and work are all about. The partnership with Avon is a logical and
natural extension of everything I believe in. We both want to motivate
women to be more, so that they can have more, for themselves and their
families. I am confident we can make a huge difference toward the goal of
empowering women and helping them achieve their financial hopes and
dreams."
As part of the partnership, Avon Representatives and employees will be
provided with unprecedented access to Ms. Orman. An "Ask Suze" mailbox
feature on the YourAvon.com intranet site has been created so Avon
Representatives and employees can submit personal questions to Ms. Orman
for individualized advice and guidance. Critical financial management tools
will also be provided to determine FICO scores, create a will and trust,
evaluate insurance and guard against identity theft. Ms. Orman will also be
featured at key events, webinars and taped webcasts.
"We know that financial security is the path to well being, self
confidence and self esteem, and there simply is no one better than Suze --
the world's most sought after personal financial advisor -- to inspire and
educate the Avon Representatives to create more personally fulfilled lives
for themselves," says Liz Smith, President, Avon Products, Inc. "For over
120 years, Avon has given women unique earnings opportunities, and with
Suze's valuable guidance, Representatives will have the tools they need to
make the most of these earnings. Together, we want to change the way the
world thinks, feels and acts about money."
The long-term partnership with Suze will begin in January 2008.
About Avon
Avon, the company for women, is a leading global beauty company, with
almost $9 billion in annual revenues. As the world's largest direct seller,
Avon markets to women in well over 100 countries through over five million
independent Avon Sales Representatives. Avon's product line includes beauty
products, fashion, jewelry and apparel, and features such well-recognized
brand names as Avon Color, Anew, Skin-So-Soft, Avon Solutions, Advance
Techniques, Avon Naturals, Mark, and Avon Wellness. To find an Avon
Representative, call 1-800-FOR-AVON or visit us online at http://www.avon.com.
About Suze
Suze Orman has been called a "force in the world of personal finance"
and a "one-woman financial advice powerhouse" by USA Today. She is a
two-time award winning television host, New York Times bestselling author
of six consecutive books, magazine and online columnist, writer/producer,
and according to Business Week Magazine (2007), the number one female
motivational speaker in the United States. Since its inception, Suze has
been the contributing finance editor to O, The Oprah Magazine in the United
States as well as in South Africa and to O at Home. She has a bi-weekly
column, Money Matters, on Yahoo! Finance, a bi-monthly column for the
Costco Connection and for Lowe's Moneyworks. Suze has written, co-produced,
and hosted six PBS specials based on her New York Times bestselling books,
and to date, is the single most successful fundraiser in the history of
PBS. In 2007, Suze was honored with her record breaking fourth American
Women in Radio and Television award for her work on the Suze Orman show
which airs every Saturday night on CNBC. Suze appears regularly on The
Oprah Winfrey Show, Larry King Live, The View and the Today Show and can be
heard lecturing not only throughout America but in South Africa, China,
India and Canada to crowds of thousands.
SOURCE Avon Products, Inc.
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Related links: http://www.avon.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080103/NYTH021 AP Archive: http://photoarchive.ap.org AP PhotoExpress Network: PRN2 PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/079575.html/
CONTACT: Debbie Coffey, +1-212-282-8187, Debora.Coffey@avon.com, or Jennifer Iino-Harvey, +1-212-282-8193, Jennifer.Iino-Harvey@avon.com, both of Avon Products, Inc.
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