“Avon’s third-quarter results remain disappointing,” said Sheri McCoy, CEO, on release of the company’s performance. “The challenges that Avon faces developed over time, not overnight, and it will take time to implement solutions as well.” For the third quarter, total revenue was $2.6 billion, down 8%. Total units grew 1% and price/mix was flat during the quarter. Active representatives were down 1%, according to the firm. Avon Beauty sales declined 9%, or flat in constant dollars. On a report...