LC And Whitney having The Last Laugh -- Teen Vogue Sales Decline, Avon Sales Double.

Avon Profits More Than Double



More than two years into its restructuring plan, Avon Products Inc. has begun to reap the rewards of its labor, reporting that its second-quarter profit more than doubled. A business that is healthy and growing on both the top and bottom line,” Andrea Jung, Avon’s chairman and chief executive officer, told analysts during the company’s earnings call Wednesday. “We are doing what we said we would do to turn Avon’s business around.” She declared the second-quarter performance was the strongest the direct seller has delivered. Mark Cosmetics a subsidiary of Avon

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Source: http://www.wwd.com/beauty-industry-news/avon-profits-more-than-double-1688407