UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): November 16, 2006
   
 
Avon Products, Inc.
(Exact name of registrant as specified in its charter)

     
New York 1-4881 13-0544597
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
     
1345 Avenue of the Americas
New York, New York 10105-0196
(Address of principal executive offices) (Zip Code)

 
(212) 282-5000
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01 Other Events

     On November 16, 2006, Avon Products, Inc. (the “Company”) entered into a Master Human Resources Services Agreement (the “Agreement”) with International Business Machines Corporation (“IBM”). The Agreement is a strategic multi-year business partnership by which IBM will provide the Company with a portfolio of specialized human resources services and technologies.

Item 9.01 Financial Statements and Exhibits

(d)       Exhibits

Exhibit No.   Description
     
99   Press Release dated November 16, 2006
   
   

(Page 2 of 3 Pages)






SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AVON PRODUCTS, INC.
     (Registrant)
   
   
By /s/ Kim K. Azzarelli
 
  Kim K. Azzarelli
  Vice President, Associate General Counsel
and Corporate Secretary

Date: November 16, 2006



(Page 3 of 3 Pages)







EXHIBIT INDEX

Exhibit No.  
Description
     
Exhibit 99   Press Release dated November 16, 2006