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Avon Turnaround Progress Has Firm Training Sights On Growth

This article was originally published in The Rose Sheet

Executive Summary

Direct seller says it is on track to realize up to $90m in cost savings in 2016, which it plans to reinvest in brand support and innovation, among other initiatives. Avon’s sales continue to suffer from negative currency effects, but in constant-dollar terms, its business advanced 4% in the second quarter, the firm reports.

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