Avon Products, Inc. (Avon) is a manufacturer and marketer of beauty and related products. The Company�s product categories are Beauty and Fashion & Home. Beauty consists of color, fragrance, skincare and personal care. Fashion & Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children�s products and nutritional products. Its business is conducted worldwide primarily in one channel, direct selling. The Company's segments are based on geographic operations and include commercial business units in Latin America; Europe, Middle East & Africa; North America, and Asia Pacific. The Company has sales operations in 62 countries, including United States. In addition to these countries and territories, its products are distributed in 43 other countries and territories. The Company manufactures and packages the majority of its Beauty products.