Autumn
Registered Shopper
- Joined
- Oct 27, 2012
- Messages
- 6,168
No Avon bought Liz Earle and then the crash hit and their business has not been doing well for quite some time. I put links up here a few times over a few years about this, Coty wanted to buy Avon and they said no. I think they thought they were worth more. The sale of LE sounds like them getting money. Now its not actually Boots UK if you read the article, but Walgreens/Boots who now own, there are no Boots stores in the US their products are in Walgreens. For Walgreens think Woolworths chain stores. Not sure but what they paid is a lot less than Avon paid for LE.
The reason I used Woolworth as an example is because it was a chain very well known and inexpensive. We don't have Walgreens, they prescriptions etc and sell drug store cosmetics etc. Perhaps I should have said Superdrug?
Just reading this thread and your first post made it sound like Walgreens/ woolworths were the same company lol very confusing but at least we got there in the end.
I doubt the take over will really change much besides more price increases .