The government needs to act on deforestation: Natura CEO speaks out
CEO of Natura &Co Latin America, Joao Paulo Ferreira has called on the Brazilian government to do more to combat the ongoing destruction of the Amazon rainforest, according to a report published by Reuters.
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L’Oréal Caribe to pilot salon recycling scheme in Puerto Rico
L’Oréal Caribe is set to pilot a recycling scheme that will enable beauty salons in Puerto Rico to dispose of plastic responsibly, according to a report published by News is my Business.
CLICK HERE Natura &Co Q3 2020: Revenue rises in the double digits
Natura &Co has posted strong revenue growth for the third quarter of the financial year, significantly outperforming the wider cosmetics, fragrances and toiletries market, thanks to a strong performance in the digital arena.
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L’Oréal teams up with Facebook to offer free workshops to entrepreneurs in Mexico
L’Oréal has teamed up with Facebook to offer entrepreneurs in Mexico free workshops in order to bolster the digital reach of their businesses, according to a report by Stamford Advocate.
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Walmart pulls out of Argentina
Walmart has announced the sale of its Argentinian arm to Grupo de Narvaez. The sale will see the US discounter discontinue operations in the South American nation for good after a 25-year run.
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Flora Beauty signs CBD distribution deal in Latin America
Cannabis company Flora Growth Corp’s beauty division Flora Beauty has signed a distribution deal with the largest Latin America retailer, Falabella.
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Kimberly-Clark Brazil names first female CEO
Kimberly-Clark’s Brazil unit has announced the appointment of Andrea Rolim as its next CEO, according to a report published by Leaders League. Rolim will make history as the first woman to step into the top job.
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Lancôme Mexico partners with ProLiteracy
Lancôme Mexico has announced its partnership with international adult literacy non-profit, ProLiteracy.
CLICK HERE Natura &Co raises R$5.61 billion in equity sale
Natura &Co has sold some 121.4 million voting shares, priced at R$46.25 each, according to a report published by Bloomberg, quoting a filing.
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Natura &Co announces R$6,207.2 million global offering to fund Avon turnaround
Natura &Co has announced a follow-on offering of approximately R$6,207.2 million, based on a price of R$51.13 per share.
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Beiersdorf partners with Plan International; focus on girls’ empowerment and fight against COVID-19 in Latin America
Beiersdorf has announced a new partnership with Plan International, an independent organization for development cooperation and humanitarian aid, in a bid to support girls’ empowerment and assist in the fight against COVID-19 in Latin America.
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Natura &Co announces sustainability action as part of Climate Week; CEO joins UN Global Compact board
Natura &Co has announced a range of alliances with UN Global Compact as part of Climate Week 2020, with company Executive Chairman and CEO Robert Marques having joined the board of the initiative.
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Watch me now: Avon unveils new brand campaign
Avon has launched a new brand repositioning designed to challenge preconceived ideas about the company. Watch Me Now, as the campaign has been named, aims to better reflect the contemporary version of the 135-year-old direct sales giant as a digital social seller.
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Shiseido Americas names Chief Information Officer
Shiseido Americas has announced the appointment of Shannon Britton as Chief Information Officer, effective immediately.
CLICK HERE Natura &Co CEO named among Top 100 Executives 2020
Joao Paulo Brotto, the CEO of Natura &Co, has been named one of Leaders League’s Top 100 Executives 2020.
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Deciem partners with Ulta for Ordinary foundation launch
Ulta has become the first US retailer to stock The Ordinary Colours cult foundation range, according to a report published by WWD.
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Colombian palm oil production up 10 percent this year
Colombia’s palm oil yield is on course to reach 1.65 million tonnes this year, an increase of 10 percent on 2019 figures, according to a report published by Nasdaq.
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La Gotta launches CBD-based sun care line
Puerto Rican swimwear brand La Gotta has launched its first CBD-based sun care line, said to help maintain healthy, glowing skin.
CLICK HERE Natura &Co Q2 sales down 12.7 percent; online and digital outperforms with 225 percent growth
Natura &Co consolidated sales were down 12.7 percent to R$7.0 billion in Q2 with the company feeling the impact of COVID-19. However, e-commerce sales grew 225% with the company adapting to digital platforms in the wake of the pandemic.
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Colombian President signs law to ban use of animals in cosmetics testing by 2024
Colombian President Iván Duque Márquez has signed a new law that ends the use of animal testing for cosmetics, which will come into force in 2024.
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Israeli Together to market medical cannabis products in Brazil
Together is set to become the first Israeli medical cannabis public company to market its products in Brazil. The CBD oil supplier has signed a memorandum of understanding with a local partner who will be responsible for obtaining regulatory clearance.
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Natura &Co to achieve net zero carbon emissions by 2030
Natura &Co has unveiled a new sustainability plan, named Commitment to Life, which aims to step up the group’s actions to tackle some of the world’s most pressing issues by 2030.
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Facebook launches WhatsApp Pay in Brazil
Facebook is launching a new functionality for its popular messaging platform. WhatsApp Pay will allow users in Brazil to make digital payments without leaving the social platform, according to a report published by the Financial Times.
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Colombian Senate passes animal testing ban
The Colombian Senate has banned the testing of cosmetics on animals. The measure was passed almost unanimously under Bill 120/2018.
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Natura makes global plastic elimination solutions available to market
Natura has shared some of the findings from its 2019 Natura Innovation Challenge – Zero Waste Packaging, which aimed to find innovative global solutions to combat the plastic waste generation and pollution.
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Natura shares fall as Avon ‘cyber incident’ partially hits operations
Natura has announced that a ‘cyber incident’ has partially hit Avon operations after the attack hit some of its systems, according to a report by Reuters.
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Natura &Co data glitch leaves 250,000 customers exposed to hackers
Some 250,000 Natura &Co customers have fallen victim of a data breach after some Amazon-hosted servers belonging to the Brazilian firm went unprotected, leading to personal information being exposed, according to a report published by Pymnts.com.
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Millennial bible Refinery 29 bucks media decline with Latinx launch
Refinery 29 is to press ahead with a new platform aimed at the Latinx community, according to a report published by The Drum, making the millennial bible appear immune to the plummeting ad revenues being experienced across the media industry.
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Natura &Co Q12020: strong digital ramp up sends sales up 1.9 percent despite COVID-19 closures
Natura &Co has reported its results for the first quarter of fiscal 2020. The South American owner of Avon and The Body Shop saw revenue inch up 1.9 percent (-6.2 at constant currency) to R$7.5 billion despite closures caused by the COVID-19 outbreak.
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Natura: decline in retail sales being offset by higher use of digital platforms
Natura has announced that a higher use of its digital platforms is offsetting revenue lost from store closures during COVID-19, according to a report by Reuters.
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O Boticário’s Founder donates 1.7 tons of gel alcohol to Curitiba to be used for hand sanitizer production
Miguel Krigsner, O Boticário’s Founder and President, has announced a donation of 1.7 tons of gel alcohol to the Curitiba municipal health department.
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Now Natura to move to hand sanitizer production
Natura &Co is planning to convert all of its make-up and fragrance production lines across Latin America to produce sought-after personal hygiene products, according to a report published by Reuters.
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Natura &Co notifies market of change in percentage ownership
Natura &Co has informed shareholders and the market that it has received a letter from Dynamo informing it of a change in the percentage ownership of the company.
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Natura &Co Q4: EBITDA up 12.2 percent as all three brands post revenue growth
Natura &Co has reported its results for the final quarter of fiscal 2019. The group hailed its performance over the three months as ‘strong’ with all three of its brands, Natura, The Body Shop and Aesop, posting revenue growth and adjusted EBITDA up 12.2 percent.
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Tupperware Brands to file late to allow for Fuller Mexico beauty business investigation
Tupperware Brands has announced select preliminary financial results for fiscal 2019, but has also revealed that it will file a Form 12b-25 Notification of Late Filing with the SEC to allow time to finalize additional procedures as part of its investigation regarding the impact of certain financial reporting matters in its Fuller Mexico beauty business.
CLICK HERE Natura recognised as one of world’s most ethical companies
Natura has been recognised as one of the world’s most ethical companies of 2020 by the Ethisphere Institute, a leader in the definition of standards for ethical business practices.
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Grupo Boticario poised for M&A activity?
The CEO of Grupo Boticario has indicated that the Brazilian company may be poised to make further acquisitions, according to a report published by the Financial Post.
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Brazil approves import of Khiron Medical Cannabis
The Brazilian Health Regulatory Agency (ANVISA) has approved the import of Khiron medical cannabis product to be imported on an individual patient basis.
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Aveda makes its debut in South America
Lauder-owned Aveda has landed in South America with the opening of a sustainable salon in Brazil, according to a report published by WWD.
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Dior strengthens presence in Latin America with new Regional Director hire
Dior has cemented its presence in Latin America with the new hire of Hugo Charles as Regional Director in the region.
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Natura &Co’s Roberto Marques named Group CEO as Avon deal closes
Natura &Co has announced that it has closed on its acquisition of Avon Products and appointed a new senior leadership team to drive the company’s next phase of growth.
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Natura completes installation of largest organic solar panels in the world
Natura has completed the installation of the largest set of organic solar panels in the world, according to a report published by The Rio Times.
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Andean countries postpone cosmetic standard harmonisation
Four Andean countries have postponed the harmonisation of a joint cosmetic standard for six months, according to a report by Chemical Watch.
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Natura calls for protection of the Amazon rainforest after suppliers hit by fires
Brazilian beauty company Natura has made a call for better environmental protection of the Amazon after fires disrupted its supply chain this year, according to a report by Reuters.
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Natura weighs in as Health and Happiness Project raided by Police
Natura has reiterated its support for an NGO it works with on sustainable development projects in the Amazon following a police raid on the Health and Happiness Project, according to a report published by Reuters.
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Mad Beauty to conquer Americas with Disney licence extension
UK-based Mad Beauty has had its Disney license extended to cover the US, Canada, Mexico and Brazil, according to a report published by License Global.
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Avon fetes winners of beauty influencer challenge in Argentina and Chile
After challenging influencers in Argentina and Chile to compete for a chance to win a trip to the Avon Innovation Centre in New York, Avon is poised to deliver the prize according to a report published by Direct Selling News.
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Natura reports strong Q3 revenue growth driven by all three brands
South American beauty company Natura has reported a Q3 revenue boost of 7.2 percent to R$3.5 billion, bolstered by strong sales across all three brands: The Body Shop, Aesop and Natura.
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Natura launches global challenge to eliminate packaging waste
Natura is making a global call for proposals from its network of innovators to find new solutions to plastic pollution and reduce waste. The Brazilian company is inviting entrepreneurs, start-ups, research institutions, universities and companies to present at a special open innovation challenge.
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Avicanna announces retail launch of CBD range Pura Earth
Canadian Avicanna has announced the retail launch of its Pura Earth derma-cosmetics line of CBD-based products, with initial roll-out in Colombia.
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