Beauty products company Avon is selling the jewelry company Silpada back to the company's co-founders and their families for $85 million, well below what it paid for the company three years ago.
Avon announced earlier this year that it was reviewing strategic options for the business which sells sterling silver jewelry at home parties. Avon purchased Silpada Designs in July 2010 for $650 million.
Read full article here
Sarah's AVON Blog Spot is brought to you by AVON Independent Sales. Visit AVON Independent Sales on the Web, for more information about AVON, the company, and it's representative company, AVON Independent Sales. Register for a free account to receive special promotions, news and deals. Contact me with any questions or concerns. Find out how you can earn extra cash by hosting an eparty with AVON Independent Sales or by Becoming an Avon Representative.Be sure to bookmark Sarah's AVON Blog Spot, and come back often, as page is updated frequently. As always, thank you for your interest in AVON.
Post a Comment