Natura

Brazil’s Anti-Trust Authority Approves Natura’s Acquisition of Avon

Brazil's Anti-Trust Authority

CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create…

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Natura Launches in Malaysia

Malaysia

Natura officially established its Asian market presence with the launch of its business in Malaysia through the opening of a pop-up store in Sunway Pyramid, Petaling Jaya. Natura’s decision to enter the Asian beauty market was driven by the company’s core commitment to delivering positive impact across the globe, and the demand for sustainable, high-quality products that consumers…

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Natura &Co, Avon Close to Closing Transaction

Natura &Co, Avon

Following the May announcement that it had reached an agreement to acquire Avon Products, Inc., Natura &Co recently announced that it has completed important steps towards closing the transaction. As previously announced to the market, Natura &Co Holding S.A. will be the new holding company for the Natura &Co group, having dual listing in the Brazilian and in…

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Natura &Co Takes Decisive Step in Fight Against Climate Change

Climate Change

Ahead of the UN Climate Action Summit in September, Natura &Co is stepping up its commitment to set a new level of climate ambition as part of “Business Ambition for 1.5°C: Our Only Future” campaign. As part of this commitment, Natura &Co, together with 21 other companies with a total market capitalization of over $1.7 trillion, will…

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Natura Acquiring Avon Products, Inc.

Natura

Natura &Co (B3: NATU3) announced late yesterday that it is acquiring Avon Products, Inc. (NYSE: AVP) in an all-share transaction. The deal, valued by Natura at around $3.7 billion, caps Avon’s strategic pivot to focus on foreign markets, where sales have been stronger in recent years. The company moved its corporate headquarters to London in 2016…

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Natura and Avon Products, Inc. in Advanced Talks on All-Stock Deal

Natura &Co

Natura Cosmeticos and Avon Products Inc. announced that they are in advanced talks over a potential all-stock transaction. The Sao Paolo, Brazil-based Natura said in a statement that the two parties are negotiating the final details of the deal but cautioned that agreement may not be reached. Avon later confirmed talks are at an advanced stage.…

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Natura &Co Reports R$2.9 Billion in Net Revenues for Q1

Natura &Co

Natura &Co posted another strong performance in the first quarter of 2019, with growth in all three brands driving consolidated sales up 8.5 percent, reaching R$2.9 billion in net revenues. Net income was up 72.8 percent to R$41.9 million. EBITDA rose by 5.6 percent to R$336.9 million, while adjusted EBITDA (excluding non-recurring effects) increased 3.7 percent to R$330.8 million, with…

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DSN Announces the 2019 Global 100!

Global 100 Ranking

Direct Selling News tonight announced its Global 100 list of top direct selling companies in the world. Since 2004, DSN has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. In 2009, the magazine thought it fitting to further recognize the industry by compiling the…

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Natura, Santander Join Forces to Offer Exclusive Banking Services

Natura, Santander

Natura, in partnership with Santander, will offer its Beauty Consultants a bank account with exclusive benefits. The initiative, part of the company’s revitalization plan and the digitalization of its business model, will contribute towards “bankarization” as well as the increase in productivity and income for its Beauty Consultants, expanding sales and consolidating loyalty by allowing them to offer a better customer experience.…

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