Avon’s Third Quarter Revenue Up by 14 %
October 31, 2007 | By Monika Mundell | No Comments »
Things are looking good for direct selling giant Avon. As reported in a newscast yesterday in New York, the company increased their revenue by 14 % since the start of the year.
The total amount of their active representatives grew by 10 % which shows that their recent Television adverts must have been working well for them.
The chairman and CEO Andrea Jung commented that quote
“We are pleased with Avon’s progress in the third quarter as we continue to implement our turnaround plan.
The 14% revenue increase – including the 16% growth in Beauty sales and a 10% advance in Active Representatives – reflects the benefits of significantly increased investments we’ve made in advertising and the Representative Value Proposition over the last two years. For full-year 2007, we remain on track to our targeted spending of $375 million in advertising and an incremental $100 million in Representative Value Proposition initiatives.” end quote
The company is obviously happy with their progress and they certainly have made themselves a well known household name with their famous tingle Avon Calling.
Avon is well known as the women’s company and is a leading global beauty company with revenue of nearly $ 9 billion a year. It is the worlds largest direct seller and is in the market for women’s beauty products in over 100 countries worldwide. Brand names such as Avon Color, Anew, Skin-So-Soft, Avon Solutions, Advance Techniques, Avon Naturals, Mark, and Avon Wellness are all a well known trademark of the exceptional quality of their products.
You can visit Avon’s Website for more product information.
Alternatively you can see our Avon MLM Opportunity overview.
Monika
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