Natura &Co announced it will end its secondary listing of American Depository Shares on the New York Stock Exchange. The company will maintain its primary listing of common shares on the B3 stock exchange in São Paulo.
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.
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.
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 […]
Brazilian company Natura &Co sold its Australian brand Aesop to L’Oreal in a deal valued at $2.53 billion—L’Oreal’s largest acquisition to date.
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.
The Bravo Global Good Award award honors companies that take a proactive approach to environmental, philanthropic and social responsibility issues. In this, its second year of existence, the DSN Awards Panel chose to recognize the incredible work being done by Natura &Co.
Taking a Stand. Making an Impact. Corporate Social Responsibility is an expectation, the price of entry to succeed and remain relevant in business. We are what we say; what we do; how we do it; and what we choose not to do. Our products, the programs we initiate, the technological and social advancements we usher forth—they all matter. They comprise […]
Natura &Co’s third quarter financial report reveals a net income improvement of over $1 billion Reais on a year-to-date basis, but a slight sales decline in the third quarter. This decrease reflects a record-high comparable base, given the company’s 20% growth in 2020, and external challenges.
For more than two decades, Natura &Co has been an active leader in protecting tropical forests and creating sustainable and ethically sourced cosmetics and beauty products.
Q: What are the challenges associated with running such a large entity with four companies under its umbrella? J.P. Ferreira: Determining how we complement each other in the eyes of consumers and their customers while protecting the identity and originality of each of those brands. Many of our associates don’t belong to any particular brand anymore – for […]