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North American sales continue to fall as number of active representatives decline.
April 30, 2015
By: Christine Esposito
Editor-in-Chief
Avon Products, Inc.’s Q1 revenues decreased 18% to $1.8 billion, but increased 1% in constant dollars, driven by strong growth in Europe, Middle East & Africa, the company reported this morning. “Overall, the first quarter was in line with our expectations despite currency pressures that were greater than anticipated. Continuing on the momentum we saw in the second half of 2014, I'm encouraged to see improvement in our active representative trends and constant-dollar revenue gro...
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