Sunday, July 7, 2013

Avon In the News: Avon's selling jewelry unit back to Silpada Owners

Source: AZDailysun.com


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


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