Breaking News

Avon’s Beauty Product Sales Soar 15% in Q3

December 8, 2008

Avon Products’ profit in the third quarter rose 60% to $222.6 million, boosted by strong foreign sales, demand for new products and a tax benefit. Sales of beauty products rose 15%. The company’s 15% growth in beauty sales included increases in all categories: color was up 19%, fragrance grew 18%, skin care increased 9% and personal care rose 13%.

Active representatives increased 5%. Revenues benefited 7% from pricing and mix, and units sold decreased 1% versus the prior-year quarter, according to the company. Total revenue rose 13% to $2.64 billion, partly because of higher prices and 15% growth in sales of beauty products. More info: www.avon.com.
  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Take The Hint

    Take The Hint

    Christine Esposito, Associate Editor||March 13, 2017
    Water brand forays into sun protection by capitalizing on scent and experience.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?