Avon hit by flat US dollar sales and fresh SEC China probe
Avon third quarter US dollar sales were virtually flat, while a renewed SEC probe into bribes in China meant the company’s stock value has plummeted to a year low.
News & Analysis on Cosmetics Innovation
Avon third quarter US dollar sales were virtually flat, while a renewed SEC probe into bribes in China meant the company’s stock value has plummeted to a year low.
Thanks to strong growth in personal care, driven by acquisitions and the emerging markets, Unilever has continued its strong growth in the third quarter of the year.
Revlon has reported a healthy growth in sales for its third quarter on the back of a particularly strong performance in the US market, but net profits are hit by a substantial tax bill.