Natura &Co, the parent company of Avon, announced in its securities filing this week that it has authorized its management to explore strategic alternatives for The Body Shop, which may include a potential sale of the business. This announcement comes as The Body Shop saw a 12% sales decline during the second quarter.
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 […]
Natura &Co, the parent company of Avon, The Body Shop and Aesop, reported an 11% decline in net revenues in the fourth quarter of 2022 and a net loss of $169.7 million.
Natura &Co, the parent company of direct selling organizations Aesop, Avon International and The Body Shop, announced a consolidated net revenue for the third quarter of 2022 of $1.69 billion, up 2.2% at constant currency.
Natura &Co, the parent company for The Body Shop, Aesop and Avon, released its financial results for the second quarter of 2022, posting net revenue of $1.6 billion and net income of $146.8 million.
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.
Refill stations will soon be available in majority of The Body Shop retail stores. As part of a five-year rollout plan, product refill stations are part of the company’s efforts to reduce plastic use and continue its action against the global plastic crisis.
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 […]
In a collaboration with Minus18, a nonprofit that nurtures and empowers the next generation of LGBTQIA+ leaders, The Body Shop will donate $2 from every Out For Love Highlighter product purchased through June 30, 2022, up to a maximum donation of $100,000. This donation will help fund the Minus18 Young Leaders Program, which provides safe […]
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.
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.