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 *
  Owen John F
 2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2006		 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)
Senior Vice President
 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 21,075 (1)
D
 

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) (2) 01/31/2003 01/31/2012 Common Stock 1,652 $ 24.41 D  
Stock Option (Right to Buy) (3) 03/14/2003 03/14/2012 Common Stock 44,370 $ 26.55 D  
Stock Option (Right to Buy) (4) 01/30/2004 01/30/2013 Common Stock 3,454 $ 24.83 D  
Stock Option (Right to Buy) (5) 03/13/2004 03/13/2013 Common Stock 44,506 $ 26.4 D  
Stock Option (Right to Buy) (6) 03/11/2005 03/11/2014 Common Stock 57,592 $ 36.42 D  
Stock Option (Right to Buy) (7) 03/10/2006 03/10/2015 Common Stock 71,599 $ 41.95 D  
Restricted Stock Units (8) 02/01/2007(9) 02/01/2007(9) Common Stock 20,000 $ 0 (10) D  
Restricted Stock Units (8) 11/01/2008(11) 11/01/2008(11) Common Stock 25,000 $ 0 (10) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Owen John F
AVON PRODUCTS, INC.
1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105		       Senior Vice President  

Signatures

By Gilbert L. Klemann, II, Attorney-In-Fact 02/06/2006
**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) Mr. Owen also indirectly beneficially owns approximately 4,960 shares of Common Stock in the Avon Personal Savings Acount Plan (401(k) plan) as of January 26, 2006.
(2) This option is exercisable in three equal installments beginning 1/31/2003.
(3) This option is exercisable in three equal installments beginning 3/14/2003.
(4) This option is exercisable one year from date of grant.
(5) This option is exercisable in three equal installments beginning 3/13/2004.
(6) This option is exercisable in three equal installments beginning 3/11/2005.
(7) This option is exercisable in three equal installments beginning 3/10/2006.
(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 obligtion.
(9) 100% of the restricted stock units will vest on 2/1/2007.
(10) Units correspond 1-for-1 with common stock.
(11) 100% of the restricted stock units will vest on 11/1/2008.

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