FDA warns Avon to smooth out claims on skin care products

(Reuters) – The U.S. Food and Drug Administration warned beauty products company Avon Products Inc to stop advertising its Anew range of skin care products using language that makes them sound like drugs. In September, the regulator had warned L’Oreal SA for making similar claims. The FDA reviewed the company’s website in August, and objected to claims made about the products Anew Clinical Advanced Wrinkle Corrector, Anew Reversalist Night Renewal Cream, Anew Reversalist Renewal Serum, Anew Clinical Thermafirm Face Lifting Cream, and Solutions Liquid Bra Toning Gel. …

Avon cooperating with SEC in stock trading probe

To match Feature AVON/(Reuters) – Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity before fragrance maker Coty Inc’s $10 billion offer to buy Avon. According to the Wall Street Journal, the SEC sent a letter to Avon on April 2, the day Coty made its offer public, asking for telephone records and other information. …