Natura &Co’s third quarter financial report reveals a net income improvement of over $1 billion Reais on a year-to-date basis, but a slight sales decline in the third quarter. This decrease reflects a record-high comparable base, given the company’s 20% growth in 2020, and external challenges.
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.
Natura &Co, parent company of Avon, The Body Shop and Aesop, announced its consolidated net revenue for the fourth quarter was up 24.3% in Brazilian Reais and 6.4% at constant currency, equaling R$12 billion, or approximately US$2.1 billion. The company attributes strong digital sales and digital social selling to its profit growth and for offsetting […]
Natura &Co sent a signed open letter to the decision makers of the European Union asking them to uphold the EU animal cosmetic testing bans. This ban serves to help consumers choose cruelty-free products and encourages the continued development of animal-free testing. “We believe in the power of the collective voice, and that’s why we’re […]
Natura &Co (NYSE–NTCO; B3–NTCO3) significantly outperformed the global Cosmetics, Fragrance, and Toiletries (CFT) market in Q3 2020 with strong sales growth and margin improvement. Natura &Co posted a strong growth in revenue in the third quarter as the sustained ramp-up in digital sales across all brands continued. Consolidated sales stood at R$10.4 billion, up 31.7 […]
Natura &Co announced to its shareholders and the market in general the successful closing of its public follow-on offering. The offering was for primary distribution of 121,400,000 common shares in total, at the price per share of R$46.25 (US$16.4591 per ADS), resulting in an aggregate amount of R$5,614,750,000.00(corresponding to approximately US$1 billion), occurring simultaneously in […]
Natura &Co recently announced new alliances with United Nations Global Compact. As Climate Week 2020—September 21 to 27—takes on a consequential role in determining how society moves forward in a post-pandemic world, Natura &Co—the group that comprises Avon, Natura, The Body Shop and Aesop—announced significant steps to support key multilateral efforts to deepen its commitments to address […]
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 […]
Natura &Co today unveiled its Commitment to Life, a comprehensive sustainability plan. The Sao Paolo, Brazil-based company, which includes Avon, Natura, The Body Shop and Aesop, will step up its actions to tackle some of the world’s most pressing issues, including the climate crisis and protecting the Amazon, the defense of Human Rights and ensuring […]
Natura &Co Announces New Leadership Team as Avon Products Inc. Acquisition Closes Avon CEO Jan Zijderveld to Step Down
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 […]
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 […]
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 […]