Cosmetic giant Avon has announced that it has ceased trading in Ireland as part of a wider attempt to save $400 million by 2016. Avon, listed in the New York Stock Exchange is well known in the UK for its “ding-dong, Avon calling” ads in the 60s. The door to door sales model that Avon adopts is still extremely effective at reaching consumers in Brazil, which is the third largest beauty market in the world behind the US and Japan.
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