Natura &Co has announced a group reorganization plan that includes a CEO change. As reported, this was in line with its strategic direction to increase the accountability of its individual business units and brands. The group consists of Natura, Avon, The Body Shop, and Aesop brands.
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Natura & Co
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Herbalife, Natura & Co, Southwestern Family, MONAT Global, Raypath, PM-International, Nu Skin, Oriflame, Amway, Young Living, 4Life… A number of direct selling & network marketing companies released statements announcing their efforts to provide relief for the people of Ukraine as well as strong declarations denouncing Russia’s actions.
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Natura & Co reversed a loss in 2020 to report net income in 2021 of R$1 billion. Mannatech released its fourth quarter of 2021 financial results, revealing a slight increase over the previous quarter, totaling $39.5 million. It was a very good time in the MLM business.
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For more than two decades, Natura & Co has been an active leader in protecting tropical forests and creating sustainable and ethically sourced cosmetics and beauty products. In a new sponsorship of the Science Museum’s Amazônia exhibition, the company is now raising awareness about the importance of the world’s tropical forests in a new way and calling people to take part in preservation and regeneration efforts.
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Natura &Co, the umbrella company for Avon, Natura, The Body Shop and Aesop brands, has raised $1 billion in bonds linked to sustainability initiatives. The seven-year note will carry an interest coupon of 4.125% per year and is the single largest Sustainability Linked Bond ever issued in Latin America to date.