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Fragrance, color, skin care and personal care all see gains.
May 3, 2011
By: TOM BRANNA
Editor
Avon’s 125th year of business is starting out on the right foot. The company posted a 7% rise in revenue to $2.6 billion for the first quarter 2011. Avon’s beauty sales increased 8% to $1.9 billion, with gains in all categories during the first quarter of 2011: 10% growth in fragrance, 6% in color, 7% in skin care and 8% in personal care. ”We are pleased with the early progress against our commitment to return the business to mid-single digit revenue growth and deliver 50-70 basis points ...
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