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Beauty Sales Up at Avon

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By: TOM BRANNA

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Avon Products, Inc. reported that its third-quarter total revenue grew 14% to $2.3 billion with all six operating regions contributing to the company’s revenue growth. Sales of beauty products rose 16%, while units sold increased 8%. Net income rose to $139 million. The quarter’s results included $96 million in advertising expenses, a 44% increase over prior year, to support the launch of new products as well as representative recruitment advertising in several markets. The 2007 quarter also...

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