Stories Tagged as
Avon calling it a day in the U.S.
The iconic American cosmetics firm is moving to the U.K.
Avon rejects $10 billion takeover offer by Coty
Coty is world's biggest perfume maker, making scents for the likes of Calvin Klein and Stetson. In a statement, Avon said it wants nothing to do with the offer.
Is this the beginning of merger season?
The beauty and fragrance company Coty went public with its offer to buy rival Avon for about $10 billion -- that's an offer Avon so far has rejected. And Express Scripts and Medco -- two companies that process prescriptions at the drug store -- have gotten federal approval for their merger.
Avon hopes to rebound without help of Coty
The door-to-door make up company Avon got a buyout offer this morning from Coty for $10 billion. Coty is world's biggest perfume maker. It makes perfume for the likes of Calvin Klein and Stetson. In a statement, Avon said it wants nothing to do with the offer.
Chief Avon lady to be replaced
Longtime CEO Andrea Jung will step aside as Avon faces management and growth challenges. She will remain chairman of the cosmetics firm.