Word: inc
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Dates: during 1980-1989
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...some of the biggest and best-known companies in the business, including industry leaders Revlon and Avon Products Inc., have seen their fortunes slip with the economy. Revlon last year had sales of $2.4 billion, with earnings of $175 million. But during the first half of 1982, profits plunged 27%, to $68 million, forcing a layoff of some 1,000 workers in August. Avon, a darling of Wall Street money managers during the late 1960s and early 1970s, has also begun to suffer. The company ding-donged its way to $2.6 billion worth of worldwide door-to-door sales...
...industry's hottest segment at the moment is skin-care products, with Dallas-based Mary Kay Cosmetics Inc. the growth leader: 1981 sales were $235 million, a 41% rise over 1980. Though the firm uses a direct-sales approach similar to Avon's, Company Founder Mary Kay Ash has concentrated almost entirely for the past 19 years on skin-care products, as opposed to cosmetics-style makeup. Consequently, the firm now finds itself in a timely and profitable mesh with the American healthand-fitness craze. The company has also built a large and loyal female sales force...
...sales), launched a provocative $19 million network television ad blitz designed both to grab off a bite of the market from its larger archrival, McDonald's Corp. of Oak Brook, Ill. (1981 sales: $7.6 billion), and to steal a march on third-ranked Wendy's International Inc. of Dublin, Ohio (sales last year: $1.4 billion...
...tanks within the pyramids and periodically emptied by ships. The project is expected to yield 50 bbl. of oil and 600,000 cu. ft. of gas a day, which will not be enough to offset the $8 million investment made by ARCO and its partners, Mobil and Aminoil USA, Inc. The capping operation, however, will produce other benefits...
...features jeans made of "natural stonewashed denim." Golden Key Creations of Fort Worth urges customers: "Be pure, natural, beautiful with Vitamin E cream!" Breeder's Choice Pet Foods has launched a new line of "all natural" dog food, which is the regular line bereft of additives, and Weleda, Inc., of Spring Valley, N.Y., sells "an all-natural, non-aerosol spray deodorant." Bootstrap Press of Glendale, Calif., offers a book that teaches "the deep natural breathing you were born with...