Youth Meets Maturity: St. John Seeks Balance in Newest Phase
With the departure of ceo Richard Cohen and the naming of Phil Miller as interim ceo, St. John hopes to put the past rocky 18 months and recent declines in sell-throughs behind it.
From This Issue
Beauty Beat: Sales Rise at Avon, but Restructuring Sinks Net … Shiseido Returns to Profitability in ’05
Hurt by expenses from its previously announced three-year restructuring program, Avon Products Inc. reported first-quarter net earnings fell by two-thirds, despite sales that increased 6.5 percent to just over $2 billion.