Avon has filed for bankruptcy as it aims to offload millions in debt and lawsuits

Avon sign

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Avon’s parent group, Avon Products, has filed for bankruptcy following mounting debt and lawsuits alleging talcum powder in its products causes cancer.

The group said it recently filed for Chapter 11 bankruptcy protection in the US to offload more than $1bn (£778m) in debt and impacts from lawsuits.

 

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