Avon owner Natura & Co considers sale of The Body Shop as revenue declines

Brazilian beauty conglomerate Natura & Co is considering selling The Body Shop after the skincare and cosmetics line experienced declining sales, with a potential sale being one of the strategic alternatives being explored.

cnbc.com

Relevant topic timeline:

8/23/2023

Bath & Body Works sees steeper sales drop on slowing demand

Bath & Body Works warns of a steeper decline in annual sales as consumers cut back on purchasing pricier home fragrances and personal care products due to high inflation and tight budgets.

8/28/2023

Brazil's Natura mulls sale of The Body Shop

Brazilian cosmetics maker Natura &Co has announced that it is exploring "strategic alternatives" for its subsidiary The Body Shop, including a potential sale, following the sale of its luxury brand Aesop to L'Oreal earlier this year.