Posts Tagged ‘The Body Shop’
Natura &Co Revenue Up 7.2% in Q3 2019; Natura Up 8%
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…
Read MoreBrazil’s Anti-Trust Authority Approves Natura’s Acquisition of Avon
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…
Read MoreNatura &Co Takes Decisive Step in Fight Against Climate Change
Ahead of the UN Climate Action Summit in September, Natura &Co is stepping up its commitment to set a new level of climate ambition as part of “Business Ambition for 1.5°C: Our Only Future” campaign. As part of this commitment, Natura &Co, together with 21 other companies with a total market capitalization of over $1.7 trillion, will…
Read MoreNatura Acquiring Avon Products, Inc.
Natura &Co (B3: NATU3) announced late yesterday that it is acquiring Avon Products, Inc. (NYSE: AVP) in an all-share transaction. The deal, valued by Natura at around $3.7 billion, caps Avon’s strategic pivot to focus on foreign markets, where sales have been stronger in recent years. The company moved its corporate headquarters to London in 2016…
Read MoreNatura &Co Reports R$2.9 Billion in Net Revenues for Q1
Natura &Co posted another strong performance in the first quarter of 2019, with growth in all three brands driving consolidated sales up 8.5 percent, reaching R$2.9 billion in net revenues. Net income was up 72.8 percent to R$41.9 million. EBITDA rose by 5.6 percent to R$336.9 million, while adjusted EBITDA (excluding non-recurring effects) increased 3.7 percent to R$330.8 million, with…
Read MoreNatura & Co Up 36% for Year
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive…
Read MoreNatura Q3 2018 Sales Up 37.1%
Natura & Co. recently reported another strong quarter of growth in 2018, with consolidated sales rising by 37.1 percent in Q3, reaching R$3.24 billion. On an adjusted basis, consolidated net revenue grew 16.6 percent in the third quarter of 2018, compared to the same period last year, with strong performance across all three businesses. In…
Read MoreNatura Expanding Its Collaboration with Wirecard
Sao Paulo, Brazil-based direct seller Natura is expanding its collaboration with Wirecard, one of the fastest-growing digital platforms in the area of financial commerce, by adding the company’s new digital finance features to enhance consultant and customer experiences. Natura has been collaborating with Wirecard Brazil since 2014. Since that time, the cosmetics, perfumery and personal…
Read MoreThe Body Shop Launches First-Ever U.S. Out-of-Home Advertising Campaign
OUTFRONT Media recently announced that The Body Shop, acquired by Brazilian cosmetics direct seller Natura Cosmetics in 2017, unveiled its first out-of-home (OOH) campaign in the U.S. leveraging high-traffic outdoor advertising spaces to call upon the public to help ban animal testing in cosmetics. Partnering with Cruelty Free International, the campaign is calling for a global…
Read MoreGlobal Organic Personal-Care Market Expected to Reach $25.1 Billion by 2025
Grand View Research Inc., a U.S.-based market research and consulting company, released a new report stating the global organic personal-care market size is expected to reach $25.1 billion by 2025, exhibiting a 9.5 percent CAGR during the forecast period. Growing demand for organic and natural hair-care, skincare and cosmetic products is expected to augment market growth over…
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