Natura &Co, the parent company of Avon International and The Body Shop, announced it has entered into a binding agreement with private investor Aurelius Group to sell The Body Shop. The deal, which is anticipated to have an enterprise value of $254 million, follows Natura &Co’s $2.5 billion sale of Aesop to cosmetics giant L'Oreal earlier this year.

Avon announced a new era for the 137-year-old company with the launch of its first-ever physical retail stores in the UK, scheduled to open in the coming months. The stores will offer approximately 150 products, with the full product portfolio available only through its independent distributors.

Natura &Co announced its financial results for the third quarter of 2023, reporting consolidated net revenue of $1.54 billion, a 0.7% decline from the previous year’s quarter. Natura Latam, which saw a 18.6% improvement in constant currency, as well as a stable trend at Avon International, was offset by a challenging quarter for The Body Shop, which saw a 13.2% decline in constant currency.

Avon has entered into a retail partnership with Superdrug, a high street retailer with more than 830 stores in the UK. Beginning in mid-October, Avon products will be available through the retailer's website Superdrug.com, and a large selection of Avon products will hit store shelves in 100 Superdrug stores.

Natura &Co, the parent company of Avon, announced in its securities filing this week that it has authorized its management to explore strategic alternatives for The Body Shop, which may include a potential sale of the business. This announcement comes as The Body Shop saw a 12% sales decline during the second quarter.

Natura &Co announced its financial results for the second quarter of 2023, posting net revenue of $1.5 billion, a 1.9% increase in constant currency over the second quarter of 2022. Natura Latam was one of the strongest performers for the company, seeing a constant currency net revenue increase of 19.5% in the second quarter. Consolidated […]

Avon announced the next step in ensuring product safety, quality and efficacy while continuing its unwavering commitment to animal welfare. As part of this effort, the company has officially been approved to be part of the Leaping Bunny Program, a global organization that uses rigorous criteria to identify cruelty-free and animal-friendly brands.

The Seldia Astra Awards 2023 ceremony held in Brussels recognized the achievements of Seldia members who have led positive change for the industry, made a positive impact on the society and environment, and empowered direct sellers to be successful.

The Avon Company announced its impending exit from the Puerto Rico and Caribbean markets, effective August 30, 2023.   The company cited the sustainability and long-term profitability of the business, as well as declining populations, increased operating expenses on the islands and challenges incurred by natural disasters and the post-pandemic landscape as significant factors that […]

Avon has announced that global key category product research and innovation operations will be focused on Latin America. The new facilities, based in São Paulo (Brazil) will be integrated into the Natura Innovation Center.

Natura &Co, the parent company of Avon, The Body Shop and Aesop, reported an 11% decline in net revenues in the fourth quarter of 2022 and a net loss of $169.7 million.

In celebration of International Women's Day we wish to honor the innovative women who have driven the growth, evolution and advancement of direct selling for well over a century. And to acknowledge the influence that all women have as decision makers.