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.
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.
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.