Stock Market

SEC to sue trader over fake Avon bid

SEC to sue trader over fake Avon bid

By Simon Pitman

The US Stock Exchange Commission has confirmed that it is to sue the Bulgarian trader who filed fake documents purporting to a takeover bid for Avon Products.

AmorePacific splits shares to boost trading in Seoul

AmorePacific splits shares to boost trading in Seoul

By Michelle Yeomans

AmorePacific, a personal care giant with a strong foothold in Asia due to a firm marketing strategy and focused products, has announced it is splitting its' stock, to further boost the value of the brand. 

Nu Skin now facing lawsuit for shareholder losses

Nu Skin now facing lawsuit for shareholder losses

By Lucy Whitehouse

In the latest blow relating to its practices in China, beauty brand Nu Skin now faces a class action which seeks to recover damages for shareholders who have been hit by the on-going investigations into its alleged ‘illegal pyramid scheme’.

China authorities put Nu Skin under investigation

China authorities put Nu Skin under investigation

By Simon Pitman

China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.

Nu Skin comes under attack from China media

Nu Skin comes under attack from China media

By Simon Pitman

Direct sales giant Nu Skin has come under attack after a newspaper in China, one of its biggest market, accused the company of operating an illegal pyramid scheme to sell its products.

Coty IPO set to raise a further $1 billion for the war chest

Coty IPO set to raise a further $1 billion for the war chest

By Simon Pitman

The fragrance and cosmetics giant has announced an Initial Public Offering that is set raise more than $1 billion, setting in place funds that could be used to spell out the next step in the company’s ambitions to expand.

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