With regulatory approval, the Brazilian retailer Natura completed the purchase of The Body Shop in early September 2017, significantly increasing brand awareness, geographic reach and sales opportunities. InvestingUS$ 1.12 billion has created a beauty giant with 3,200 stores across 69 countries. The Body Shop posted sales of US$1.02 billion in 2016 and its C.E.O. Jeremy Schwartz said that Natura was the perfect new owner to “accelerate the rejuvenation of the brand and future expansion.”...
Beauty retailers consolidate to go global
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