×
1 734
Fashion Jobs
LULULEMON
Assistant Manager, Operations | Markville Shopping Centre
CDI · Markham
ZARA
Operations Manager, Zara Edmonton Southgate
CDI · EDMONTON
ZARA
Operations Manager, Zara West Edmonton
CDI · EDMONTON
ZARA
Operations Manager, Zara Oshawa
CDI · OSHAWA
ZARA
Visual Commercial, Zara Mapleview
CDI · ONTARIO
ZARA
Visual Commercial, Zara Upper Canada
CDI · NEWMARKET
ZARA
General Manager, Toronto
CDI · TORONTO
ZARA
Operations Manager, Rosemère
CDI · ROSEMÈRE
ZARA
Visual Commercial, Brossard
CDI · BROSSARD
ZARA
Visual Commercial, Place Ste-Foy
CDI · QUÉBEC
ZARA
Visual Commercial, Laval
CDI · LAVAL
ZARA
Visual Commercial, Rosemère
CDI · ROSEMÈRE
ZARA
Visual Commercial, Fairview Pointe-Claire
CDI · POINTE-CLAIRE
ZARA
Visual Commercial, Promenades Saint-Bruno
CDI · SAINT-BRUNO-DE-MONTARVILLE
TIFFANY & CO
Security & Loss Prevention Professional, Full Time Holt Renfrew
CDI · Vancouver
NORDSTROM
Assistant Manager - Asset Protection - Yorkdale
CDI · Toronto
LULULEMON
Assistant Manager, Operations | Toronto Eaton Centre (12-Month Contract)
CDI · Toronto
TIFFANY & CO
Security & Loss Prevention Professional, Full Time Ritz
CDI · Montreal
TIFFANY & CO
Security And Loss Prevention Professional - Full Time Sherway Gardens
CDI · Toronto
ESTEE LAUDER
Manager, Strategy And Analytics - Hybrid - Toronto, Ontario, Canada
CDI · Toronto
NORDSTROM
Asset Protection - Security Ambassador - One Bloor Rack
CDI · Toronto
NORDSTROM
Asset Protection - Agent - One Bloor Rack
CDI · Toronto
Translated by
Nicola Mira
Published
Sep 23, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Natura & Co. says The Body Shop not for sale

Translated by
Nicola Mira
Published
Sep 23, 2022

In a statement addressed to the financial markets authority, Brazilian cosmetics group Natura & Co., owner of Avon, Natura, Aesop and The Body Shop, has dismissed speculations that, due to the disappointing financial results it reported in recent quarters, it might consider selling cosmetics brand/retailer The Body Shop.


A visual for The Body Shop - DR


“The board of directors is not currently carrying out any specific evaluation regarding a possible spin-off of Aesop or the sale of The Body Shop,” the group said in the statement.
 
Natura & Co. also mentioned it is making various adjustments to its organisational structure in order to render it more streamlined and effective, and give greater independence to the group's various divisions. A strategy that was deployed after new CEO Fabio Barbosa took the reins in June.

Until then, Natura & Co. had been enjoying vigorous growth owing to its aggressive acquisition policy, as it bought Avon in 2020, after buying The Body Shop from L’Oréal in 2017. However its progress has been severely affected by the strong rise in inflation rates.

In Q2, closed on June 30, 2022, the Brazilian group recorded a revenue of $1.6 billion, down 8.6%, while sales for The Body Shop, which operates 3,000 stores worldwide, slumped by 25.3%.
 
 

Copyright © 2022 FashionNetwork.com All rights reserved.