Financial News

Beauty Business Down 17% at Avon

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By: TOM BRANNA

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Avon Products, Inc. posted loses in its second-quarter 2015 results. However, “our overall second-quarter performance was in line with our expectations in an environment of extraordinary currency pressure,” said CEO Sheri McCoy. “Market by market, our local teams are operating effectively as they address consumer demands, improve representative engagement and manage cost. In addition, given that we anticipate the challenging environment to continue, we have taken steps to improve our financia...

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