As of late April 2026, there are no active plans for to buy Avon .

Public confusion regarding this potential merger often stems from a high-profile that Coty launched in 2012 . That offer, which had the backing of Warren Buffett's Berkshire Hathaway , was ultimately withdrawn after Avon missed a deadline to enter formal discussions.

: Coty is currently facing several securities class action lawsuits from investors alleging the company misled the market about its 2026 business trends.

: Avon was acquired by the Brazilian beauty group Natura &Co in 2020 and remains a subsidiary within their portfolio. Coty withdraws $10.7 bln offer to buy Avon | Reuters

: Coty is currently undergoing a major "Coty. Curated" strategic reset under interim CEO Markus Strobel, who took over in early 2026 following the abrupt departure of Sue Nabi. The company has withdrawn its 2026 financial guidance due to underperformance in its Consumer Beauty segment and is focusing on core icons like Burberry and Marc Jacobs .