Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue September 2014
 •  Univar Signs Deal With Evonik  •  New App Brings Beauty on Demand  •  Estee Lauder Names Senior Vice President  •  Beauty & the East  •  US Senate OKs Sunscreen Innovation Act
Print

Pending Lawsuit Could Hamper Avonís Shares



Published November 14, 2005
Related Searches: share growth form sales
Post a comment
Shares in Avon Products Inc. could be overvalued in light of slower unit sales and a lawsuit filed on behalf of its door-to-door sales representatives, according to Barron’s magazine. Avon reported 3% unit sales growth in the third quarter of 2003, compared to almost 13% a year earlier.

The lawsuit, filed on behalf of sales representatives, states that the company shipped products to a former representative in California who did not order them, and then failed to credit her when she returned the products.


blog comments powered by Disqus