Avon Unit Gave Gucci Bags, Trips as China Bribes: U.S.

Updated on

Avon Products Inc.’s Chinese subsidiary bribed local officials with Gucci bags and foreign travel in order to sell products directly to the nation’s consumers, the U.S. said as the company ended a six-year federal investigation with a guilty plea and $135 million in fines.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.