Natura &Co to expand presence in China in 2023
Fresh from the news that Aesop and The Body Shop are gearing up to open their first bricks and mortar locations in China later this year, Natura &Co has announced that the openings are part of a wider growth strategy, according to a report published by Nasdaq.
Natura &Co Q2 2022: sales stabilize as Natura and Aesop thrive
Natura &Co has reported its results for the second quarter of the current financial year. The Brazilian owner of The Body Shop saw sales rise 0.4 percent in constant currency to R$8.7 billion. Adjusted EBITDA margin was 8 percent (down 50bps).
Puig ups investment in Colombia’s Loto del Sur
Puig has announced that it has increased its investment in Colombian natural cosmetics brand, Loto del Sur.
Specialty chemicals provider Azelis expands foothold into South America with ROCSA acquisition
Specialty chemicals provider Azelis has expanded its foothold into the South American market with the purchase of ROCSA Colombia S.A., a specialty chemical distributor active in both life sciences and industrial chemical markets.
Natura &Co announces reorganization as Roberto Marques steps down
Natura &Co has announced a group reorganization whereby the company will transition to a simpler holding company structure.
Grupo Boticário to open an innovation hub in Portugal to search for tech talent
Grupo Boticário is to open an innovation hub in Portugal in a bid to search for technology talent, according to a report by Forbes.
Natura &Co Q1 2022: revenue dips 4.6 percent as inflation bites
Natura &Co has reported its results for the first quarter of fiscal 2022. The Brazilian owner of Aesop and The Body Shop saw revenue drop 4.6 percent in constant currency top R$8.3 billion.
Natura &Co named one of world’s most ethical companies
Natura &Co has been recognised as one of the world’s most ethical companies by the Ethisphere Institute. L’Oréal, Kao, Colgate Palmolive and Firmenich also made the 2022 list.
Cresco Labs set to acquire Columbia Care Inc to become the top US cannabis producer
Cresco Labs is set to become the biggest cannabis producer in the US with the acquisition of rival Columbia Care Inc in a US$2 billion deal – one of the biggest in the industry, according to Reuters.
Natura &Co presses pause on NYSE stock listing move amid market mahem
Natura &Co has decided against a move for its primary stock market listing from Brazil to the US, according to a report published by Bloomberg, amid market volatility due to impending interest rate rises and the war in Ukraine.
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