Avon Hit by SEC as Brazil Sales Boom Seen Luring Bids

Avon Hit by SEC as Brazil Sales Boom Seen Luring Bids

Dario Pignatelli/Bloomberg

Avon, with a market value of $7.7 billion, sells cosmetics from Glazewear lip gloss to Skin So Soft body lotion and SuperShock mascara directly to customers using 6.5 million independent contractors in more than 100 countries.