Retail in Asia

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Avon suspends China executives amid probe

Avon Products, the world’s largest direct seller of cosmetics, said yesterday it had suspended four employees pending internal investigations, confirming a media report that top employees of its Chinese operation were being investigated for bribery.

The company, famous for its door-to-door sales model, asked three executives in its China unit, and another in New York, to take an administrative leave of absence pending the outcome of a bribery investigation that began with the company’s China operation and now involves a dozen or more countries, according to The Wall Street Journal.

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(Source: scmp.com)