Avon China Sales Down 30% In Q2 2014
American cosmetics company Avon published its financial report for the second quarter of 2014 and stated the closure of some of its retail stores caused the company's sales in China to decline by 30%.
Avon
Herbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan.
Direct Sellers Agree Self Regulation In China
All 15 companies that are approved to run direct-selling businesses in China, have signed a self-discipline pact.
Avon China Investigated For Multi-level Marketing
According to Chinese media, Avon (China) Heilongjiang Branch may face a fine of up to CNY2 million and even be asked to take criminal responsibility if it is found to be involved in multi-level marketing.