Bankruptcy · August 12, 2024 · 🔴 High Impact

Avon Products Inc. filed for Chapter 11 bankruptcy in August 2024, driven primarily by over $225 million in talcum powder personal injury lawsuit liabilities. U.S. operations continue under LG Household & Health Care Ltd., while international operations were affected. The Avon Company (U.S.) issued a statement reassuring Representatives that U.S. business continues unaffected.

Company: Avon Products →

Source: Davis Polk, British Beauty Council

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