The Avon Lady needs to spend more time on Facebook. Avon Products Inc., famous for sending its representatives door to door, is losing traction in the U.S., where many time-stressed consumers are increasingly buying their cosmetics on the Web.
Struggling cosmetic firm Avon Products Inc. is cutting more than 400 jobs and leaving Ireland as it continues efforts to slim down amid profit plunges and other troubles. Read Post
Avon Products has rejected the attempts from fragrance giant Coty Inc. to buy the cosmetic company, but the story seems far from done. Read Post