Avon to cut jobs, move headquarters

COSMETICS maker Avon Products Inc (AVP.N) said on Monday it would cut about 2500 jobs worldwide and shift its corporate headquarters to the UK as part of its three-year turnaround plan. Avon shares were up nearly 4 per cent at $US4.55 ($F9.50) in extended trading. The company sold most of its North American business to […]

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