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Legendary beauty products seller Avon files for bankruptcy

See what’s clicking on FoxBusiness.com Avon Products files application Chapter 11 Bankruptcy The cosmetics brand is seeking to address liabilities and legal responsibility arising from lawsuits that allege its talc-based products are contaminated with carcinogens. The holding company has not sold Avon products in the United States since selling its North American operations in 2016, […]

Avon files for bankruptcy in face of 200 lawsuits linking its talc products to cancer

Avon, the mighty direct selling company that once had an army of door-to-door salespeople peddling beauty products and was worth about $21 billion, is filing for bankruptcy to dig out from under a mountain of lawsuits that allege the talc powder in its products causes cancer. Avon Products, a US-based “non-operating” holding company, has filed […]