Some Reasons to Reduce Holdings in Avon

In this article, let's take a look at Avon Products Inc. , a $3.43 billion market cap company, which is the world's leading direct marketer of cosmetics, toiletries, fashion jewelry and fragrances, with about 6 million sales representatives worldwide. Donald Yacktman 's Yacktman Asset Management was the largest shareholder of Avon, holding 31.47 million shares, down by 42% from the previous quarter.

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