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CFT third quarter sales increase 10%, driven by Avon's global brand growth.

This article was originally published in The Rose Sheet

Executive Summary

AVON WORLDWIDE COSMETICS, FRAGRANCES AND TOILETRIES SALES RISE 10% in the third quarter, driven by the company's global brands, Avon Exec VP and President, Global Marketing & New Business Andrea Jung announced at an investor meeting in New York City Oct. 23. Growth in global brands has put the company's core beauty business "on track for another historical year" and will "drive accelerated growth" in the division in the future, the Avon exec stated. The CFT increase outpaced total company growth of 6% in the same period, Jung said, noting the firm's effort to "revitalize its core beauty business is really succeeding."
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