Avon

Hoax! Oprah is not about to invest in Avon

Hoax! Oprah is not about to invest in Avon

By Simon Pitman

Avon stock prices soared by as much as 17% yesterday as rumors circulated that Oprah Winfrey wanted to invest in the cosmetics giant – a story that has proved to be a hoax.

Will Avon’s challenges threaten its chances of outside investment?

Will Avon’s challenges threaten its chances of outside investment?

By Simon Pitman

Avon continues to fight against seemingly never-ending challenges that have battered the company’s stock market performance. Just in the month of September share prices plummeted more than 37%, leading experts to question the possibility of outside investment.

Avon boosted by bogus private equity bid

Avon boosted by bogus private equity bid

By Simon Pitman

The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.

Avon turnaround on track as company posts Q3 profit

Avon turnaround on track as company posts Q3 profit

By Andrew MCDOUGALL

Avon Products has made progress in its turnaround bid by posting third quarter net income attributable to the company of $91.4 million, versus a loss of $5.5 million a year earlier.

CosmeticsDesign-Europe.com – the Top 5 stories of 2012

2012's Top Stories

CosmeticsDesign-Europe.com – the Top 5 stories of 2012

By Michelle Yeomans

It was another big year for the European cosmetics industry with issues such as; what constitutes as natural and organic ingredients, animal testing practices, and nanotechnoloy in sunscreens amongst others, put under the spotlight. Here, we take a look...

Co-op is the latest to sell its Avon shares due to animal testing policy

Co-op is the latest to sell its Avon shares due to animal testing policy

By Michelle Yeomans

As a result of its Sustainable Trust guidelines becoming more stringent, the Co-operative Asset Management Group has sold its entire holdings of Avon shares, as it says its policy conflicts with the recent revelation that Avon tests its cosmetics on animals.

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