Archives for July 30, 2014

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Avon turnaround is ‘taking longer than anticipated’

By Andrew MCDOUGALL

Avon Products admits that the company’s turnaround is taking longer than expected due to a difficult financial climate and tough markets, after announcing profits shrank in its second quarter.

Revlon remains confident despite Q2 profit stall

By Andrew MCDOUGALL

Make-up manufacturer Revlon has had to battle against a struggling color cosmetics market in the US but remains positive as although profits are down, there has been a small sales increase, particularly in the Professional segment.