NAMES AND NEWS A look at trends and people in business = Avon lady (rack 31 am Andrea Jung is a perfect advertisement for her cosmetic company. The 52-year-old CEO of Avon Products is always beautifully dressed and perfectly groomed — in fact, she looks like the ideal Avon Lady. These days, the Avon Lady is known as a “rep- resentative.” But the company, which was start- ed in 1886, still sells its products door-to-door — now in over 120 countries. Jung, its first fe- male CEO, has held the position since 1999. The Financial Times ranks her as number two on its list of the world’s top 50 businesswomen.Born to first-generation Chinese immigrants, Jung says her parents gave her the will to suc- ceed. She got a job as a retail trainee at the Neiman Marcus department-store chain after graduating from Princeton University. Jung was less than thrilled by the job and told her parents she was thinking of quitting. Her parents were shocked. “The Chinese don’t quit,” they told her. “You learn more from bad than good experiences — that’s how you grow.” Jung told the Financial Times: “| don't think I’ve ever let the word leave my lips again.” Jung is not only a strong promoter of Avon's products. She also believes in encouraging women to become financially independent —not just for themselves, but for society as a whole. “For me, the biggest emerging market isn’t a country, it’s women,” Jung says. “We have 600 million women living on a dollar a day, and two thirds of those below the poverty line are women. When a woman takes on an earning role, family health and education improve. The societal impact is huge.” « Business Spotlight 3/2011, p. 6