Ownership Submission
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 *
  Breig Geralyn
2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2008
3. Issuer Name and Ticker or Trading Symbol
AVON PRODUCTS INC [AVP]
(Last)
(First)
(Middle)
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)
SVP & President, North America
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 854.35
I
By 401(k) plan

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) 03/30/2016 Common Stock 26,984 $ 30.97 D  
Stock Option (Right to Buy)   (2) 03/06/2017 Common Stock 29,722 $ 36.77 D  
Stock Option (Right to Buy)   (3) 03/04/2018 Common Stock 41,973 $ 38.8 D  
Restricted Stock Units (4)   (5)   (5) Common Stock 5,000 $ 0 (6) D  
Restricted Stock Units (4)   (7)   (7) Common Stock 2,000 $ 0 (6) D  
Restricted Stock Units (4)   (8)   (8) Common Stock 7,710 $ 0 (6) D  
Restricted Stock Units (4)   (9)   (9) Common Stock 8,492 $ 0 (6) D  
Restricted Stock Units (4)   (10)   (10) Common Stock 15,000 $ 0 (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Breig Geralyn
AVON PRODUCTS, INC.
1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105
      SVP & President, North America  

Signatures

Kim K. Azzarelli, Attorney-in-Fact 10/24/2008
**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 vests in three equal annual installments beginning on 3/31/2007.
(2) This option vests in three equal annual installments beginning on 3/07/2008.
(3) This option vests in three equal annual installments beginning on 3/05/2009.
(4) 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.
(5) 100% of the restricted stock units vest on 12/01/2008.
(6) Units correspond 1-for-1 with common stock.
(7) 100% of the restricted stock units vest on 2/28/2009.
(8) 100% of the restricted stock units vest on 3/31/2009.
(9) 100% of the restricted stock units vest on 3/07/2010.
(10) 100% of the restricted stock units vest on 9/10/2010.

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