No. 18: Avon Products
Industry: Consumer Staples
Sales: $9.9 billion
Net Income: $530.7 million
Chief Executive Andrea Jung's makeover of Avon Products (AVP) is almost half done, and the results are already pretty. Two years of restructuring have helped end a sales slump. Revenue last year climbed 13%, to a record $9.9 billion, bolstered by the New York beauty product maker's first global ad campaign. But there's more restructuring to come. Next, Jung plans to reduce the corporate headcount, but she wants to bulk up the ranks of Avon sales reps, now at 5.4 million worldwide. A recession may actually help. Women looking to supplement income have signed up in previous downturns.
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