The following is an excerpt from EMILY GLAZER AND PAUL ZIOBRO | April 2, 2012 | WSJ.com |
Fragrance maker Coty Inc. made an unsolicited offered to buy Avon Products Inc. for $10 billion, taking advantage of the larger company's weakened position to pursue a deal that would expand its offerings ... Read More
The following is an excerpt from Dimitra Defotis | December 14, 2011 | Online.Barrons.com |
The beauty company's shares jumped on news that the search is on for a new CEO. Expect more than gloss.
Makeup can't erase problems but it can brighten a face, and that's what a new CEO is ... Read More
1982: $0.82/Share 2011: $29.71/Share
In 1886, David H. McConnell founded the California Perfume Company, which eventually became Avon, in New York City. A book salesman, he had created a rose-scented perfume as a "free gift" to encourage people to buy his books. The perfume became so popular, ... Read More
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