FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Loughran Robert 2. Date of Event Requiring Statement (Month/Day/Year) 05/03/2012 3. Issuer Name and Ticker or Trading Symbol AVON PRODUCTS INC [AVP] (Last) (First) (Middle) C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP & Corporate Controller 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) NEW YORK, NY 10105 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 3,481.08 D   Common Stock 2,238.65 I By 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	  (1)	09/01/2014	Common Stock	3,486	$ 44.5	D	Â
Stock Option (Right to Buy)	  (2)	03/10/2015	Common Stock	5,221	$ 41.95	D	Â
Stock Option (Right to Buy)	  (3)	01/25/2016	Common Stock	264	$ 28.85	D	Â
Stock Option (Right to Buy)	  (4)	03/31/2016	Common Stock	4,267	$ 30.97	D	Â
Stock Option (Right to Buy)	  (5)	03/05/2018	Common Stock	4,222	$ 38.8	D	Â
Stock Option (Right to Buy)	  (6)	03/05/2019	Common Stock	3,556	$ 15.5	D	Â
Stock Option (Right to Buy)	  (7)	03/11/2020	Common Stock	8,372	$ 31.61	D	Â
Restricted Stock Units (8)	  (9)	  (9)	Common Stock	2,211	$ 0 (10)	D	Â
Restricted Stock Units (8)	  (11)	  (11)	Common Stock	2,662	$ 0 (10)	D	Â
Restricted Stock Units (8)	  (12)	  (12)	Common Stock	4,253	$ 0 (10)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Loughran Robert C/O AVON PRODUCTS, INC. 1345 AVENUE OF THE AMERICAS NEW YORK, NY 10105	Â	Â	  VP & Corporate Controller	Â

Signatures

Karen R. Leu, Attorney-in-Fact		05/14/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This option vested in three equal annual installments beginning on 9/1/2005.
(2)	This option vested in three equal annual installments beginning on 3/10/06.
(3)	This option vested in three equal annual installments beginning on 1/25/07.
(4)	This option vested in three equal annual installments beginning on 3/31/07.
(5)	This option vested in three equal annual installments beginning on 3/5/09.
(6)	This option vested in three equal annual installments beginning on 3/5/10.
(7)	This option vests in three equal annual installments beginning on 3/11/11.
(8)	The reporting person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Avon Products, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
(9)	100% of the restricted stock units vest on 3/11/2013.
(10)	Units correspond 1-for-1 with common stock.
(11)	100% of the restricted stock units vest on 3/3/2014.
(12)	100% of the restricted stock units vest on 3/8/2015

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