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Avon’s Search For Growth Goes On While Direct Selling Booms Elsewhere

This article was originally published in The Rose Sheet

Executive Summary

While other direct sellers including Nu Skin and Mary Kay report accelerating sales, Avon’s battle to stabilize its business continues, with revenue down 2% on a reported basis in the firm’s second quarter. Execs highlight positive results in Latin America and EMEA, but weakness in the firm’s North America and Asia-Pacific businesses continues to hinder topline growth.

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