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, 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.
Avon Products Inc., part of the Natura &Co. family, will be closing its Research & Development operations in Suffern, New York.
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.
Thankfully, direct sellers have made impressive strides in recent years, and some companies are truly changing the narrative by taking ownership and course correcting toward more customer centricity, better efficacy and next-level customer experience initiatives.
In response to the ongoing violence and tragedy in Ukraine, direct selling companies continue to announce their efforts to provide relief to refugees and those in crisis, as well as announcing the pause or cessation of business operations within the Russian market.
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 […]
With its acquisition of Avon in 2020, Natura &Co celebrates a network of four brands, more than six million people and a passion to create a ‘wave of change’ in the world.
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’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 […]