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Beauty sales fall 3%, active reps up 10%.
October 29, 2009
By: TOM BRANNA
Editor
Avon Products, Inc. reported third-quarter 2009 total revenue slipped 4% to $2.6 billion due to foreign exchange pressure, according to the company. Beauty sales in the third quarter of 2009 were 3% lower versus the prior-year period, but active representatives grew 10%, with growth in all regions. Units overall rose 5% versus the prior-year quarter and beauty units increased 6%. Avon’s 8% local-currency growth in beauty sales included gains in all categories: fragrance, color cosmetics...
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