What makes the situation even worse is the fact that the beauty supply sector has been performing remarkably well -- with the exception of Avon, of course. Estee Lauder ( NYS: EL ) has nearly doubled in the past two years, with the company boosting its full-year guidance in its latest quarter thanks to strength from Asia. Nu Skin Enterprises ( NYS: NUS ) is up more than 50% in that time frame even after being lumped in with Herbalife in the David Einhorn debacle. Even beauty salons and supply stores like Ulta Beauty ( NAS: ULTA ) are crushing Wall Street's estimates at every turn.