Tag: Avon

Avon remains a drag on Natura &Co, “separation” continues to be a goal

Natura &Co may no longer own The Body Shop but it still has major UK and Europe ops via Avon International, although this isn’t performing as strongly as its own Natura business. Avon Overall, for its fiscal Q1, the Brazilian group’s losses widened due to falling sales at that Avon business. In fact, the net [...]read moreAvon remains a drag on Natura &Co, “separation” continues to be a goal

Brazil’s Natura mulls splitting Natura Latam, Avon into separate listings

By Reuters API Published Feb 6, 2024 Brazilian cosmetics maker Natura &Co said on Monday its board authorised management to study splitting its Avon brand outside Latin America, which could spawn a new listed firm managing the business outside the region. Avon The split, whose details Natura said is still being evaluated, would be the [...]read moreBrazil’s Natura mulls splitting Natura Latam, Avon into separate listings

Avon is still very active in Russia

Avon, the international beauty business that has been UK-headquartered since 2016, continues to recruit new sales agents and manufacture in Russia, a new report has said. Avon The BBC said it has “discovered” the ongoing Russian links of the Natura &Co-owned business with the firm still operating “a huge plant” in the Moscow region. However, [...]read moreAvon is still very active in Russia