Industry News

New Avon Announced the Location of its New Offices in US

North American social selling beauty company, New Avon to open its new offices New York 

United States: New Avon currently headquartered at 777 3rd Avenue, between 48th and 49th streets in New York city. The company has purchased two floors in One Liberty Plaza, a 54-story building at Broadway and Liberty Street in Lower Manhattan. Around hundreds of New Avon staff is expected to shift from the East Side to Lower Manhattan  

Almost all core departments of the company, i.e. marketing, digital, merchandising, legal, HR, Finance, Supply Chain will be relocated and projected to be fully operational in the new offices by the end of coming summers.

The company is attracted to lower Manhattan, as it is a growing area, moor by the Freedom Tower and the Westfield World Trade Centre. The new location will influence the people and business environment at work place.

TechSci Research depicts that for the retailers, the access will be broader which will help them in meeting the demand of the customers very easily by making the products more affordable across smaller cities and towns.

According to a recent report published by TechSci Research, Global Organic Cosmetics Market By Product Type, By Point of Sale, By Region, Competition Forecast and Opportunities, 2011 - 2021”, the global market for organic cosmetics across the globe is projected to grow at a CAGR of over 13% during 2016-2021. North America dominated demand for organic cosmetics across the globe, on account of high per capita income, rising awareness about the benefits of organic cosmetics, continuous innovations by organic cosmetics companies, aggressive marketing strategies and growing online sales of these products. Further, organic skin care and hair care dominated global organic cosmetics market. L'Oréal, Estée Lauder, Avon, Revlon Group are few of the major companies offering organic cosmetics across the globe.

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