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At the company of beauty products by catalog Avon filed for bankruptcy in the United States after a series of lawsuits alleging that Their talcs cause cancer.
Natura, the chain that owns the brand Avon He said that this decision will not affect the company’s operations in other countries, including Latin America.
According to the first reports, there will be no impact on Avon Mexico, “Natura & Co, as the largest creditor of Avon Products Inc (API) supports this reorganisation and considers API’s decision to be an important step in Natura’s simplification journey,” it said in a statement.
“This process is not expected to have an impact on operations outside the United States, including those of Latin Americawhere the integration of the Avon and Natura brands continues to move forward firmly,” he said. Fabio Barbosa, CEO of Natura.
“Natura’s performance is strong, with Brazil and Mexico accelerating their pace compared to the first quarter.”
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2024-08-18 08:59:20