Sherilyn McCoy has at least one tiny load off her shoulders at Avon Products Inc.: The Securities and Exchange Commission plans to take no enforcement action against the company in its probe regarding the company’s contacts with Wall Street analysts.
In a one-line explanation, Avon said in a regulatory filing Thursday that on Sept. 11 it was advised by the SEC staff that the agency didn’t intend to recommend any enforcement action against the company in connection with the Regulation FD, or fair disclosure, investigation.
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)