Catch up on this week’s industry chatter with these click-worthy links:
- The Wall Street Journal reported Avon is in talks with private equity firms (paywall) about selling a stake in the business. A stake sale is one of many options the cosmetics seller is currently exploring, according to the report. Though the move could provide an inflow of money to improve Avon’s declining business, investors responded negatively to the news, driving shares down 9.5 percent to $4.10 on Thursday. The stock fell another 15 percent on Friday, closing the day at $3.48.
- In an 11,500-word article headlined “The siege of Herbalife,” Fortune delivered the most comprehensive look at the Herbalife vs. Ackman saga to date. The editorial, penned by Fortune magazine’s Senior Editor of Legal Affairs, Roger Parloff, questions whether activist investors such as Bill Ackman are also fit to regulate businesses.
- On Bloomberg View, Columnist Justin Fox chimed into the conversation with a follow-up to Fortune’s article on Herbalife. Fox addresses some common objections to the company, arguing that despite potential risks inherent to the business model, Herbalife doesn’t deserve to be shut down by regulators.
- CosmeticsDesign.com spoke to Axel Moricz de Tesco, Natura’s head of operations in Colombia, currently the Brazilian beauty company’s biggest market for direct sales—40 percent of total sales, in contrast to 20 percent of sales in Brazil. Moricz de Tesco discussed the brand’s approach to sustainability in the country, as well as Natura’s strategy to build market share.