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 […]
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 […]