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Avon North America and Avon International reunite under Regent

A single buyer now controls the beauty group's split business for the first time in a decade, with Lisa Siders taking the helm.

24 August 2026

Regent has acquired Avon North America, bringing the region back under common ownership with Avon International for the first time in a decade. The two arms of the once-unified direct-selling giant had operated separately since Avon's businesses were split apart in a series of restructurings, a fragmentation that complicated brand strategy and made it harder to present a coherent global proposition to retailers, investors and the sales representatives who remain central to Avon's model. Lisa Siders steps into the CEO role to oversee the newly combined operation.

The reunification matters because Avon has spent years trying to reverse a long decline in its core direct-selling business while adapting to a retail and beauty landscape that has moved decisively towards e-commerce and social selling. A single ownership structure removes a layer of operational and strategic friction that had made coordinated turnaround efforts difficult, from shared product development to unified marketing and supply chain decisions. It also signals renewed private equity conviction that Avon's brand equity and representative network still have commercial value if managed as one business rather than two.

For the wider beauty sector, the deal is a reminder that heritage mass-market brands remain acquisition targets when ownership can be simplified and costs rationalised. Avon's fortunes will now depend on whether Regent and Siders can modernise the direct-selling model for a generation of consumers who buy differently, while defending the brand's remaining strength in markets where door-to-door and community-based selling still works. What to watch is whether the reunified company pursues further restructuring, new leadership hires beneath Siders, or a renewed push into digital and social commerce to rebuild growth.

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