The Face Shop acquires Avon's China-based beauty manufacturing

The Face Shop acquires Avon's China-based beauty manufacturing

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Avon has announced that is has sold all shares in its Chinese beauty manufacturing operations  to LG-owned Asian consumer goods and beauty company The Face Shop for a price of $44 million. As part of the sale, the two companies have drawn up a manufacturing and supply agreement whereby The Face Shop will continue to […]

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