Rolling Out

Fail: 5 Companies That Will Disappear Next Year

Fail: 5 Companies That Will Disappear Next Year
Bad News: 5 Companies that Will Disappear Next Year. Avon is on that list, reportedly.

2. Adios, Avon.  


Avon’s new CEO, Sherilyn S. McCoy, hails from Johnson & Johnson and 24/7 Wall St. reports that she may have big trouble on her hands.  Chinese operations are under scrutiny for compliance; CFO Charles Cramb is out after the Security and Exchange Commission reviewed communications with a securities analyst, and “management has not concentrated on its core business.”


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