NEW YORK — Avon Products Inc. made strides across certain markets in the second quarter, but continued to struggle in the U.S.
The company also disclosed on Thursday that in June it made an offer to the U.S. Department of Justice and the Securities and Exchange Commission to settle the ongoing Foreign Corrupt Practices Act investigation, related to China and additional countries, for $12 million, among other terms. The offer was rejected, but the company said it expects a counterproposal.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)