Logistics Firm GXO Extends Partnership With Beauty Company Avon

GXO Logistics Inc GXO said it is extending its agreement with health and beauty company Avon. The financial terms were not disclosed.

Logistics provider GXO has supported Avon's operations for about 15 years.

GXO manages a site in Garwolin that supports Avon's largest factory in Europe with distribution operations for its products to over 50 countries in Europe, Africa and Asia.

"Across our operations, we are proud to support Avon's evolving needs, including helping them adapt to new regulations in their markets and providing co-packing and value-added services," said Jean Luc Bessade, GXO Managing Director, Poland, Czech Republic and Romania.

The services offered by GXO include warehousing, value-added services and manufacturing support.

GXO also helps Avon meet legal requirements and label products for regulatory changes applicable across various markets.

Globally, GXO handles more than 1 billion beauty products each year and operates more than 40 sites that are dedicated to providing logistics solutions for the luxury brands in the beauty and wellness industry.

Price Action: GXO shares are trading higher by 0.40% at $56.91 on the last check Wednesday.

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