Simpler Trading director of options Danielle Shay on whether investors should buy Pier 1, Vera Bradley or Avon Products.
The sale of Avon Products to Natura &Co Holding will close on Friday, beginning the next chapter in Avon’s 130-year history.
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With the change will also being about a executive change as Jan Zijderveld will step down as Chief Executive Officer.
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Zijderveld will hand leadership over to Natura & Co Executive Chairman Roberto Marques.
In his nearly two years at Avon’s helm, Zijderveld was instrumental in turning Avon into a digital social selling beauty company by modernizing its model.
He joined Avon in February 2018 after a 30-year career as an executive at Unilever.
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Avon now joins a group that includes Natura, The Body Shop and Aesop, will become part of the world’s fourth-biggest pure-play beauty company.
