Cosmetics maker Avon Products CEO steps down
Zijderveld took the helm at the door-to-door selling pioneer in February 2018 when it was already struggling with falling sales amid changing consumer preferences.
Natura, which also owns Aesop and The Body Shop, agreed to buy Avon in 2019 through a share swap that valued the over 130-year old company’s equity at around $2 billion.Reporting by Kanishka Singh and Uday Sampath in Bengaluru; Editing by Saumyadeb Chakrabarty and Sriraj Kalluvila
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