Andrea Jung
Andrea Jung
Andrea Jung is a Canadian-American executive, non-profit leader, and prominent women's-issues supporter. In April, 2014, she became President and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. Grameen is the fastest growing microfinance organization in the United States, providing the largest number of microfinance loans to individuals and small businesses. From 1999 until 2012, she served as the first female CEO and Chairwoman of Avon Products, Inc., a multi-level marketing company. Jung...
NationalityAmerican
ProfessionBusinesswoman
CountryUnited States of America
Overall, we feel good about the state of our business, and assuming that significant currency weakness does not spread to other Latin markets, we continue to target double-digit earnings growth in 2002 even if the Argentine peso devalues further to 2.00 to the dollar,
We invite our representatives to every mall kiosk opening. We try to encourage the fact that this is sort of flagship Avon.
We are encouraged by the improving foreign currency picture, which could result in some upside for earnings if currencies remain at or near their present levels for the rest of the year,
You have to combine instinct with a good business acumen. You just can't be creative, and you just can't be analytical.
The part that loses out at the end of the day is just doing things for myself. Sometimes when I go on a business trip, it's those five hours on the plane or that night in the hotel room which are the only moments when I have time for myself. Only then can I read magazines or a novel.
A representative is free delivery; she's a personal beauty consultant. Some people want that high touch.
We are disappointed that Sears has made a change in its approach at this late stage and won't be part of the beComing venture, ... We have always viewed retail as a long-term strategy for Avon. We are as committed as ever to our retail initiative.
I can only have dinner with my girlfriends once a month instead of once a week.
We also never undercut representatives' prices. A representative will always be able to sell the discounts in our core business, which are not offered at retail. So it's never more advantageous to buy there.
I feel like I'm part of history being made. I leave Apple board meetings thinking, 'I've got to do a better job.'
Avon is a unique place to work; we've got family-friendly policies. We have more senior women in high-level management than any other company; 46 percent of our officers are women.
The game in beauty is changing so much, if your product isn't high tech or can't make a unique performance claim - plump your lips, reduce your lines, look glossy, and stay on for 24 hours - you can't go to market today. I'm not just talking about a $20 lipstick, but a $5 lipstick!
Women like myself, CEOs, can pave the way for more women to get to the top.
China is going to be one of Avon's largest market opportunities. It has a large geographic expanse, with hundreds of thousands of women in small villages really striving to make an earnings opportunity for themselves.