Avon and other top brands may be a thing of the past come 2013.
The "California-style" accessories manufacturer was a hit for years, but nearly every major department store now sells similar sunglasses, shoes and swimwear and the company is at risk of going bankrupt. Five years ago, Pacific Sunwear stock traded for $23. Recently, it dropped to $1.50.
REUTERS Ethan Miller/Las Vegas Sun
Christie's Int. Real Estate
REUTERS/San Lorenzo soccer club/Handout
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