Natura has sold its Avon operations in Russia. Arnest Group purchased the operations for approximately $31 million, which were the last remaining Natura asset outside Latin America.
Natura &Co has finalized the sale of Avon International to Regent LP, an investment firm based in the US. Natura will retain its ownership of Avon’s Latin American operations. This deal also does not pertain to Avon’s operations in Russia.
Natura &Co announced its financial results for the first quarter of 2025. The company achieved consolidated net revenue of $1.1 billion, a 45.8% year-over-year increase when considering Brazilian Reais. In LATAM constant currency, that net revenue boost was 12.2%, which the company attributes to strong performance in Hispanic markets. Consolidated recurring EBITDA was $139.7 million, […]
Natura &Co announced a restructuring proposal that would integrate it into its Natura Cosmeticos subsidiary. Natura Cosmeticos would become the parent company, which the company believes would allow for a more streamlined structure that would enhance value and more readily enable future distribution of Natura Cosmeticos’ profits.
Consolidated net revenue in the fourth quarter reached $1.3 billion, up 16.1% from the same quarter in 2023. Constant currency net revenue growth was fueled by strong performance of the Natura brand and partially offset by the continued declines in the Avon Hispanic markets and Home & Style category.
Avon Products Inc. announced significant developments in its bankruptcy proceedings. A comprehensive settlement and asset sale has been approved and, as of March 5, the company has emerged from Chapter 11 with a clear path forward.
Natura &Co announced it is now in “exclusive talks” with asset manager IG4 about Avon's potential sale.
Natura &Co announced its third quarter financial results for 2024. Consolidated net revenue reached $1.04 billion during the quarter, fueled by strong performances by both Natura and Avon in Brazil. Recurring EBITDA was $150 million, up 52% year-over-year with a 14.6% margin, which the company described as “another quarter of solid profitability expansion.”
Avon Products, Inc., the US-based non-operational holding company of the Avon beauty brand, announced it has initiated voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to address its debt and legacy talc liabilities. Avon Products has not sold goods within the US since it divested its North American business segment in 2016.
Natura &Co announced its financial results for the second quarter of 2024, reporting consolidated net revenue of $1.3 billion, a 5.7% year-over-year increase in constant currency. Adjusted EBITDA was $146 million with a net loss of $156 million, compared to a net loss of $133 million in last year’s quarter.
Natura &Co, the owner of Avon International, announced its fourth quarter and full year 2023 earnings, reporting fourth quarter net revenue of $1.3 billion, a loss of $542.2 million from Q4 2022. Full year 2023 revenue reached $5.3 billion, an 8.5% decrease from 2022.
Natura &Co’s Board of Directors is assessing a possible separation from Avon. This potential separation would create two independently listed and publicly traded beauty companies, which would align with the group’s previously announced strategy to simplify operations and corporate structure, strengthen brand autonomy and unlock further shareholder value.