By  on January 30, 2014

PARIS — Avon France was placed into receivership Thursday by a French commercial court, according to an industry source, who said the company’s period of observation will last six months. The money-losing subsidiary of Avon Products Inc. put the request in Tuesday with the court in Bobigny, France.

The management of Avon France did not wish to make any comment, a company spokesman said.

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