Avon Products Inc., which reported a first-quarter profit decline due to restructuring costs and the devaluation of Venezuela’s currency, addressed the company’s internal investigation into allegations of bribery during an earnings call with analysts Friday.
Avon chairman and chief executive officer Andrea Jung said the voluntary investigation into the alleged bribery of Chinese government officials, which it first disclosed in October 2008, currently includes all of Avon’s international regions. “The allegation that triggered our investigation was in China only,” emphasized Jung.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"