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Avon Sees Q2 Rise in All Categories

Fragrance, personal care and color show gains.

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By: TOM BRANNA

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Avon Products, Inc. reported second-quarter 2011 total revenue of $2.9 billion—9% higher than last year. Total units declined 3%, while price/mix rose 5% during the quarter. Active representatives were flat. “Our first-half 2011 results were in line with our expectations of low-single digit constant-dollar growth and adjusted operating margins flat with a year ago,” said Andrea Jung, Avon’s chairman and chief executive officer. “We continue to expect mid-single digit ...

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