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The Business of Fashion

Sao Paulo, Brazil

Global Markets

Luxury Brands Face Uncertain Future in Latin America

New free trade agreements could help boost the regional luxury market, but will they be enough to shield it from Covid-19 losses or be too controversial to benefit big markets like Brazil and Mexico?

Beauty

Natura Sees E-Commerce Growth Amid Coronavirus Crisis

The Aesop and The Body Shop owner has promised to keep its 40,000 workers in employment for at least two months.

Beauty

Boticario Eyes Cosmetics Acquisitions at Home and Abroad

The Brazilian cosmetics company, a major rival to Natura & Co, is set to increase investment from 2019 totals as competition intensifies.

Beauty

Body Shop Owner Urges Brazil to Protect Amazon After Fires Hit Suppliers

Natura, which also owns Aesop, has invested 1.5 billion reais ($357 million) in the rainforest to help preserve 1.8 million hectares of the ecosystem.

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China

The Body Shop Owner Eyes China Following Hong Kong Protests

Natura, which also owns Aesop, aims to find a way of increasing its China presence without testing its products on animals.

Financial Markets

Fast Fashion Retailer C&A May Raise up to $540 Million in Brazil IPO

C&A intends to raise funds to pay down $190 million in intercompany loans and to expand the business.

Financial Markets

Fashion Retailer C&A Files to Begin IPO Process in Brazil

One of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country's B3 stock exchange.

Global Markets

Amazon Brings Prime Program to Brazil to Outflank Local Rivals

The service will offer free unlimited shipping for about 500,000 products out of the 20 million Amazon currently sells in Brazil, and two day-shipping will be available in 90 cities.

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Beauty

Natura Q2 Profit More Than Doubles, Beating Estimates

The Brazilian cosmetics group, which counts Aesop and The Body Shop among its brands, posted net revenue of 3.4 billion reais, up 9.8 percent from the previous year.

News & Analysis

Brazil's Fashion Retailer Lojas Renner Sales Drop in Q2 Net Income

The Brazilian company reported a quarterly net profit slump by 14.4 percent year-on-year in it's second quarter.

Beauty

Natura to Buy Avon for About $2 Billion in Stock

The transaction, valued at $3.7 billion, will position the Brazilian cosmetics company as a growing force in the booming global cosmetics and skincare industry.

Beauty

Brazil's Natura to Invest in New Brands

The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.