Avon Products, Inc. Partners with Acclaimed Financial Expert Suze Orman to Educate and Empower Women
04 January 2008 - 1:00AM
PR Newswire (US)
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.
http://www.newscom.com/cgi-bin/prnh/20080103/NYTH021
http://photoarchive.ap.org/ DATASOURCE: Avon Products, Inc.
CONTACT: Debbie Coffey, +1-212-282-8187, , or Jennifer Iino-Harvey,
+1-212-282-8193, , both of Avon Products, Inc. Web site:
http://www.avon.com/ Company News On-Call:
http://www.prnewswire.com/comp/079575.html
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