Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.