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According to reports.az, the company intends to settle its debts in this way and protect itself from lawsuits related to the content of talc in cosmetics.
It was clarified that since 2016 Avon Products no longer distributes its products in the United States, but remains the parent company of brand divisions located in other countries. Nevertheless, the bankruptcy filing does not affect Avon’s business outside the United States, the material states.
On July 5, the World Health Organization’s International Agency for Research on Cancer identified talcum powder as a potential carcinogen. Experts specifically pointed out that women who frequently self-report using talcum powder have an increased incidence of ovarian cancer. The report also provided experimental references to an increase in the incidence of malignant tumors in experimental mice after treatment with talcum powder.
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