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.

reuters.com

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8/28/2023

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.