Brazil's Anti-Trust Authority

Natura &Co’s consolidated sales in the second quarter of 2020 were R$7.0 billion, down only 12.7 percent despite the unprecedented global impacts of the COVID-19 pandemic. Group e-commerce sales grew by about 225% in the quarter vs. the same period last year, with growth of 150% at Natura and Avon combined, 230% at the Body…

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Avon Products Inc. has released its latest Corporate Responsibility Report, which shares progress on all aspects of its sustainability strategy. Highlights from the report include: $1.1 billion donated to women’s causes 99% brochure paper sourced sustainably 50% of energy use came from renewable sources in 2019 93% recycling in operations Reduced carbon emissions by 53% from…

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Natura &Co, Avon

Natura &Co Holding S.A. has published its 2019 Annual Report, reporting its financial and operational data regarding the fiscal year ended on December 31, 2019. The report was also filed with the U.S. Securities and Exchange Commission on May 6, 2020. The Form 20-F is available in English on the SEC’s website, on the Brazilian Securities Exchange…

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Natura &Co reported revenue growth in the first quarter of 2020, the first to include Avon Products, Inc. Natura &Co’s consolidated net revenue reached R$7.5 billion, up 1.9 percent versus the same quarter last year. According to the company, growth was driven by a strong increase in sales by the Natura brand in Brazil and…

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Avon, Sister Brands Unite to Support Domestic Abuse Survivors During Pandemic. Cases of domestic abuse during the Covid-19 pandemic continue to rise. As part of its #IsolatedNotAlone campaign, Avon Products Inc. is uniting with its sister brands Aesop, The Body Shop and Natura to galvanize its networks and call on governments to keep domestic violence front of…

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Natura &Co

Natura &Co reported consolidated net revenue of R$4.7 billion in the fourth quarter of 2019, up 7.3 percent on a reported basis and up 6.1 percent at constant currency. The fourth-quarter performance caps another transformational year for Natura &Co as it announced the acquisition of Avon Products, Inc. in May 2019, creating the world’s fourth-largest pure play beauty…

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Natura &Co, Avon

Natura &Co announces that it expects to close today the acquisition of Avon Products, Inc. and appoint the new senior leadership team to drive the company’s next phase of growth. The landmark transaction creates the world’s fourth-largest pure-play beauty company. According to the company press release: This marks a major new step in building a…

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Natura

Natura &Co posted another strong performance in the third quarter of 2019, with revenue growth in all three of its brands: Natura, The Body Shop and Aesop. Natura &Co’s consolidated net revenue reached R$3.5 billion, up 7.2 percent on a reported basis and up 10.1 percent at constant currency. The Natura brand’s adjusted net revenue in Brazil was…

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Luis Vázquez

Avon Products, Inc. announced that its shareholders approved the proposed acquisition of Avon by Natura &Co Holding S.A., a new holding company for Natura Cosméticos S.A. More than 75 percent of Avon’s shares outstanding, on an as-converted basis, were voted in favor of the proposal to adopt the merger agreement. “We are pleased that our shareholders have strongly supported Avon’s combination…

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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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