Moody’s Investors Service cut Avon Products Inc.’s long-term credit rating to “A3” from “A2” because the company has been unable to “stabilize weak operating trends” in key markets such as Brazil and North America.
The outlook on the rating, which has the direct beauty merchant four notches above junk-bond status, is negative.
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?"