Avon does $2 Billion Quarter

cosmeticsdesign.com:

The world’s biggest direct sales personal care company said that the impact was accounted for and that its restructuring program had led to a faster than expected recovery should pay significant dividends from the next financial year.

Total revenue stood at $2bn for the first quarter, an increase of 6 per cent on the previous year, driven mainly by gains in developing countries, together with its newly acquired business in Colombia.