This just from CNN:
Shares of Avon Products dropped as much as 11% Thursday after the company reported third-quarter results that missed analysts' expectations.
The beauty products company, famous for its door-to-door sales network, said sales were "softer" than expected in the quarter as consumer spending remains weak.
Avon has been struggling to transform itself over the last few years by expanding its overseas operations and acquiring smaller rivals. But the global economic slowdown has weighed on demand for beauty products and Avon itself has become the subject of takeover talk.
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I guess even MLM companies are not immune to economic slowdowns. Avon has great products, though, they should bounce back.
It would be interesting to see how all publicly traded network marketing companies compare to their industry counterparts. Usually the industry of network marketing itself thrives during tougher economic times.
Avon will bounce back
they are the number 1 direct selling company in the world 