Avon Sells Silpada Designs Business Back to Original Owners - O'Keeffe and O'Malley

Avon Sells Silpada Designs Business Back to Original Owners

Jul 02, 2013

Lenexa-based Silpada Designs has reacquired the sterling silver home party business from Avon Products Inc. In July 2010, Avon bought the business from the original owners for $650 million. Just three years later, the original owners bought the company back for a selling price of $85 million. Silpada owners have stated that they will not sell again.