Natura &Co announced its financial results for the third quarter of 2023, reporting consolidated net revenue of $1.54 billion, a 0.7% decline from the previous year’s quarter. Natura Latam, which saw a 18.6% improvement in constant currency, as well as a stable trend at Avon International, was offset by a challenging quarter for The Body Shop, which saw a 13.2% decline in constant currency.
Avon has entered into a retail partnership with Superdrug, a high street retailer with more than 830 stores in the UK. Beginning in mid-October, Avon products will be available through the retailer's website Superdrug.com, and a large selection of Avon products will hit store shelves in 100 Superdrug stores.
Natura &Co has completed the sale of Aesop to L'Oréal. The transaction, which was first announced in April of this year, had a final enterprise value of $2.48 billion. This deal is expected to strengthen Natura &Co’s balance sheet and allow it to place more focus on integrating the Natura and Avon brands in Latin America.
Natura &Co announced its financial results for the second quarter of 2023, posting net revenue of $1.5 billion, a 1.9% increase in constant currency over the second quarter of 2022. Natura Latam was one of the strongest performers for the company, seeing a constant currency net revenue increase of 19.5% in the second quarter. Consolidated […]
Avon has announced that global key category product research and innovation operations will be focused on Latin America. The new facilities, based in São Paulo (Brazil) will be integrated into the Natura Innovation Center.
The Bravo Global Good Award award honors companies that take a proactive approach to environmental, philanthropic and social responsibility issues. In this, its second year of existence, the DSN Awards Panel chose to recognize the incredible work being done by Natura &Co.
Natura &Co, the owner of The Body Shop, Aesop and Avon, announced it will be postponing its planned listing on the New Year Stock Exchange (NYSE), an action that would switch its primary stock listing from Brazil to the U.S. With the ongoing crisis in Ukraine and the prospect of volatile, surging rates in global […]
Natura &Co reversed a loss in 2020 to report net income in 2021 of R$1 billion. This gain happened in part as a result of the organization’s emphasis on cost discipline in the face of cost pressures. EBITDA margin posted a gain of 90 basis points in the fourth quarter of 2021, despite a slight […]
2021 was a landmark year for direct selling on many fronts. This post is the second in a series of articles looking back on 2021 and looking ahead to 2022.
For more than two decades, Natura &Co has been an active leader in protecting tropical forests and creating sustainable and ethically sourced cosmetics and beauty products.
Avon International Global Chief Executive Angela Cretu has committed that Avon’s prices will rise in line with inflation, even amid soaring supply and vendor costs. To keep this pledge, Avon worked with its logistics partners to act early and secure long-term contracts and increase pay for delivery workers.
Natura &Co, the parent company of direct selling organizations The Body Shop, Aesop and Avon, announced double-digit revenue growth in the second quarter of 2021 and net income of R$235.