Avon Products (AVP) continues to struggle as increased costs are eroding margins. This is really a throwaway quarter for Avon as they are transitioning to a new CEO, and they are dealing with the bid from Coty. There is a lot of work to be done for this company and they really need to streamline their online strategy to make it more competitive in today’s retail environment. Avon’s international operations are the strength of the company so any improvements in the United States could really help the company’s bottom line.
http://www.bloomberg.com/news/2012-05-01/avon-profit-trails-estimates-as-sales-drop-in-asia.html
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