Executives at Avon Products, Inc. insist that the company is on its way back, but sales through nine months fell 11% to $1.4 billion. For the thrid quarter, Avon said total reportable segment revenue in reported currency increased 1% to $1.4 billion, but addjusted total reportable segment revenue in constant dollars decreased 4% on a like-for-like basis. Gross margin was 62.2%, with adjusted gross margin increasing 10 basis points to 61.3% on a like-for-like basis, favorably impacted by the net ...