Avon Products filed for Chapter 11 bankruptcy on Monday as the beauty brand looks to address its debt and legal liabilities stemming from lawsuits that alleged its talc-based products were ...
Beauty giant Avon has come under fire for maintaining ... "We believe restricting their access to products would have an outsize impact on women and children there," it said.
The recent bankruptcy declarations by Tupperware and Avon Products (API) demonstrate the weakness of a direct-seller model. Tupperware, the plastic containers maker, filed for bankruptcy in September.