Posts Tagged ‘Aesop’
Natura Acquiring Avon Products, Inc.
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…
Read MoreNatura &Co Reports R$2.9 Billion in Net Revenues for Q1
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…
Read MoreNatura & Co Up 36% for Year
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive…
Read MoreNatura Reports Strong Q2 Growth in All Brands
Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the second quarter ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017. Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop…
Read MoreNatura Expanding Its Collaboration with Wirecard
Sao Paulo, Brazil-based direct seller Natura is expanding its collaboration with Wirecard, one of the fastest-growing digital platforms in the area of financial commerce, by adding the company’s new digital finance features to enhance consultant and customer experiences. Natura has been collaborating with Wirecard Brazil since 2014. Since that time, the cosmetics, perfumery and personal…
Read MoreNatura Reports Strong Revenue Increases during Transformational 2017
Photo: Amazon Rain Forest in Brazil Natura Cosmeticos, a Sao Paolo, Brazil-based multinational direct seller of cosmetics, personal care and beauty products, announced its financial results for the full-year 2017. The company reported a strong increase in consolidated net revenue, supported by growth in all businesses, that led to consolidated net revenue of R$9,852.7 million…
Read MoreNatura Builds Strategy, Focuses on Positive Social Impact
Brazilian beauty brand Natura, the ninth largest direct selling company in the world with 2016 net sales of $2.26 billion, has been busy in recent years. In the midst of leadership changes—long-time CEO Alessandro Carlucci retired in 2015 and subsequent CEO Roberto Lima resigned—the company has not only moved its business into the digital age,…
Read MoreNatura Taps David Boynton as The Body Shop CEO
Sao Paulo, Brazilian-based Natura Cosméticos SA has tapped David Boynton as CEO of Britain’s The Body Shop, according to a securities filing on Friday. Boynton, who will replace current CEO Jeremy Schwartz on Dec. 4, has been the head of shirtsmaker Charles Tyrwhitt since 2016. He previously served several leadership roles in the French cosmetics…
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