Avon Rebounds On Fragrance And Cosmetics, Strength In Latin America
This article was originally published in The Rose Sheet
After a disappointing 2010, things are looking up for Avon Products. For its fiscal 2011 first quarter, the firm booked revenue of $2.6 billion, up 7% over the same period last year, with a strong contribution from fragrance and color cosmetics, while profit tripled to reach $144 million.
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