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Natura & Co

From Wikipedia, the free encyclopedia
Brazilian manufacturer and marketer of beauty products
Natura &Co Holding S.A.
Company typePublic
B3NTCO3
Ibovespa Component
ISINBRNATUACNOR6 Edit this on Wikidata
IndustryCosmetics
Founded1969; 57 years ago (1969)
Headquarters,
Brazil
Area served
Worldwide
Key people
Roberto Marques (Chairman)
João Paulo Ferreira (CEO)
Leandro Galvao (CFO)
RevenueIncreaseR$ 36.9 billion(2020)[1]
DecreaseR$ 399.5 million(2020)[2]
Number of employees
35,000
SubsidiariesNatura
Avon Products
Websitewww.naturaeco.com

Natura &Co Holding S.A. is a Brazilian globalpersonal care cosmetics group headquartered inSão Paulo. The Natura & Co Group currently includes Natura Cosméticos andAvon Products. The Group is present in 73 countries across all continents exceptAntarctica. Natura Cosméticos, the parent company, was founded in 1969 byAntônio Luiz Seabra and became apublic company listed onSão Paulo Stock Exchange in 2004. Currently the company is the largest Brazilian cosmetics company by revenue. In May 2019 Natura & Co announced that it had entered into definitive agreement to acquireAvon Products, Inc. The transaction was approved by Brazilian regulations authorities in the beginning of November 2019 and was completed in January 2020, making Natura & Co the 4th largest pure-play beauty[clarification needed] company in the world.

History

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In 1974, Natura adopteddirect sales as sales model. In 2018 it had more than 6.6 million "consultants" (resellers) worldwide being the largest in the world.

Natura is a founding member of theUnion for Ethical BioTrade, gradually ensuring that its sourcing practices promote the conservation of biodiversity, respecttraditional knowledge and assure the equitable sharing of benefits all along the supply chain. During the steps of their development and production of cosmetics, Natura does not test on animals and follows the most stringent international safety standards.[3]

Being a public company since 2004, its shares are listed on Novo Mercado (the highest level of corporate governance or Stock ExchangeIbovespa). Natura's performance in 2017 shows a consolidated gross revenue of R$9.9 billion, a growth of 24.5% over the previous year. Its consolidated net income was R$670.3 million.

In 2005, Natura opened its first boutique inParis, France. In 2013, Natura acquiredAesop.[4] In January 2023, Natura sold the brand toL'Oréal.[5]

In Brazil, major competitors of Natura areO Boticário, L'Oréal,Estée Lauder Companies,Jequiti [pt] and others.

From 2020 until 2024American depositary shares of Natura traded on theNew York Stock Exchange (NYSE).[6] Its acquisition of Avon Products in 2020 turned Natura into the world’s fourth largest pure-play beauty group.[7]

Business model

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Natura is a one-level marketing company.[8]Natura promotes its image as an eco-friendly,[9]sustainable company (using natural products, working toward sustainable environment and social support etc.). The company also uses ordinary women rather than supermodels in its advertisements.[10]

References

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  1. ^"2020 Annual report". Archived fromthe original on 2021-07-29.
  2. ^"2020 Annual report". Archived fromthe original on 2021-07-29.
  3. ^"Is the Body Shop Now Owned by a Cruelty-Free Company? (Goodbye l'Oreal!)". 26 July 2018.
  4. ^"Brazil's Natura acquires Aesop". January 4, 2013. RetrievedMay 11, 2023.
  5. ^Yun, Jessica (2023-04-04)."L'Oreal snaps up Australian skincare brand Aesop in record $3.7 billion deal".Sydney Morning Herald. Retrieved2023-04-14.
  6. ^Roberto Marques, Chairman and Group CEO, Natura & Co Holding Inc. (NYSE: NTCO) rings The Opening Bell to celebrate their initial public offering.New York Stock Exchange (Documentary). January 6, 2020. RetrievedJanuary 6, 2020.[permanent dead link]
  7. ^Brazil's Natura closes acquisition of Avon, creating the world's fourth-largest beauty group. January 4, 2020. RetrievedFebruary 10, 2023.
  8. ^"Getting to Know About Natura". 7 November 2016.
  9. ^valor.com.br
  10. ^economist.com

External links

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Subsidiaries
Former subsidiaries
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BrazilIbovespa companies ofBrazil
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