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Avon second-quarter sales rise 6% led by growth in international markets.

This article was originally published in The Rose Sheet

Executive Summary

AVON INTERNATIONAL SALES GROW 11% IN SECOND QUARTER offsetting a 4% sales decline in the U.S., the company announced July 25. Overseas sales were up in all geographic segments, Avon noted. The Americas region posted a 9% sales gain led by "outstanding results in Brazil and despite weak economic conditions and currency devaluation in Mexico." Sales for the Pacific region -- up 13% -- were bolstered by continued expansion and a strong Japanese yen
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