2016-02-22 17:12
Intractable dilemma of AVON in the Asian market business continued to deteriorate
[report] (red net Beijing on February 22nd News Network) AVON in the Asian market business continued to deteriorate.
Although the regional market challenges, but the global cosmetics industry continues to grow. "Unfortunately, the Avon Co did not enjoy the growth dividend." The retail industry analysis firm Conlumino CEO Neil Sanders said.
The problem is that the core of AVON Asia and Brazil market.
AVON in the Asia Pacific region's overall revenue fell 16%, excluding exchange rate factors, the figure was 8%.
The main difficulty from AVON Chinese market. Let a person feel anxious, Chinese economic challenges in the environment increases, AVON consumers in the loss of consumer demand has fallen sharply." Saunders explained. 3
(original title: Intractable dilemma of AVON in the Asian market business continued to deteriorate)
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