The Body Shop

Natura &Co sells Aesop to L'Oréal

Retrieved on: 
Monday, April 3, 2023

SÃO PAULO, April 3, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached an agreement under which L'Oréal will acquire Aesop, opening a new chapter of the luxury beauty brand's growth story after 10 successful years under Natura &Co's stewardship.

Key Points: 
  • Under the transaction, L'Oréal has signed an agreement to acquire Aesop for an enterprise value of US$ 2.525 bn.
  • Since becoming part of Natura &Co in 2012, Aesop has posted spectacular growth.
  • The number of stores and counters increased from 52 to 395 as Aesop expanded its geographic footprint from 8 markets to 29.
  • Michael O'Keefe, CEO of Aesop, added: "This is an exciting day for Aesop.

This Week in Environment News: 12 Stories You Need to See

Retrieved on: 
Friday, March 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the environment industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • The program is most popular among consumers aged 16-34 and sales of refillable products increased 65 percent throughout 2022.
  • "Carbon capture technology has the potential to be a critical solution in the fight to stop climate change and has the added benefit of helping us scale the production of SAF," said United CEO Scott Kirby.
  • In return, users will be rewarded with points which can be used as donations to non-profits, schools or charitable organizations of their choice.
  • Cyrusher fat tire electric bikes are propelling urban change and encouraging sustainable social development by optimizing urban mobility with renewable electricity.

This Week in Consumer News: 12 Stories You Need to See

Retrieved on: 
Friday, March 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the consumer and retail industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • In addition to these popular releases, quarterly results for McCormick and Lifeway Foods crossed the wire this week.
  • To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists .
  • Subject Matter Experts: Access ProfNet , a database of industry experts to connect with as sources or for quotes in your articles.
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

The Body Shop US Expands Its Refill Program with the Introduction of Refillable Makeup

Retrieved on: 
Monday, March 27, 2023

NEW YORK, March 27, 2023 /PRNewswire/ -- One year after introducing its 'refill revolution' to US stores, The Body Shop is continuing its fight against the global plastics crisis through new refillable product offerings and in-store stations.

Key Points: 
  • In February, The Body Shop expanded its refill offerings beyond hair care, shower gels and hand soaps to include makeup with the launch of Peptalk Lipstick, which comes in a refillable case made from 100 percent recycled aluminum.
  • Refill stations are now available in 800 stores around the world, and The Body Shop US now offers refill stations in 50 percent of its stores.
  • Globally, in 2022 alone, the brand's refill program prevented more than half a million plastic bottles from entering the environment.
  • The Body Shop's refill program allows every individual to help drive change, because every bottle counts.

Motorcars Toyota Becomes Martin Motors of Cleveland

Retrieved on: 
Thursday, March 23, 2023

Wild helped facilitate the deal, which closed on March 8, 2023, between owners Matt and Chuck Gile and the Martin Automotive Group.

Key Points: 
  • Wild helped facilitate the deal, which closed on March 8, 2023, between owners Matt and Chuck Gile and the Martin Automotive Group.
  • The dealership, which will become Martin Motors of Cleveland, Inc. dba Toyota Cleveland Heights, is located at 2950 Mayfield Rd.
  • “It was imperative that we chose the right firm to represent us in the sale of Motorcars Toyota,” stated Matt Gile previous owner of Motorcars Toyota.
  • Motorcars Toyota is the sixth Toyota dealership that the Tim Lamb Group has brokered in the past year.

StoreForce Raises Capital from Software Investor Accel-KKR as Part of Global Market Expansion Plans

Retrieved on: 
Wednesday, March 22, 2023

With this investment, StoreForce plans to further expand its presence in global markets including North America, Europe, Australia, South Africa and Asia through organic growth and strategic M&A opportunities.

Key Points: 
  • With this investment, StoreForce plans to further expand its presence in global markets including North America, Europe, Australia, South Africa and Asia through organic growth and strategic M&A opportunities.
  • StoreForce offers a comprehensive suite of data-driven tools that help specialty retailers simplify store operations, engage employees, and drive more sales.
  • Founded by retailers for retailers, StoreForce includes Workforce Management, Performance Management, Retail Execution, Employee Engagement, or combined together under a Retail All-in-One Operations platform.
  • As we continue to prioritize our customers' success, StoreForce is well-positioned to deliver continued innovations for our clients around the world," says StoreForce CEO and Co-Founder Dave Loat.

Natura &Co posts constant currency sales growth and continuous improvement in cash conversion in Q4

Retrieved on: 
Tuesday, March 14, 2023

SÃO PAULO, March 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the fourth quarter, with sales growth in constant currency and continued progress in cash conversion, in line with its strategic priority.

Key Points: 
  • Natura &Co posted Q4 consolidated net revenue of R$ 10.39 billion, up 3% at constant currency (-10.8% in BRL), driven by double-digit constant currency (CC) growth at Natura &Co Latam and Aesop.
  • In the fourth quarter, sales growth improved at constant currency and we delivered further progress in cash conversion, in line with our priorities.
  • Natura &Co Latam's net sales were up by 10.6% in constant currency ("CC) and down 3.2% in BRL.
  • The Body Shop's Q4 net revenue declined by 8.4% at constant currency (-20.6% in BRL), marking a sequential improvement over the previous quarter.

Natura &Co posts constant currency sales growth and continuous improvement in cash conversion in Q4

Retrieved on: 
Tuesday, March 14, 2023

SÃO PAULO, March 13, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the fourth quarter, with sales growth in constant currency and continued progress in cash conversion, in line with its strategic priority.

Key Points: 
  • Natura &Co posted Q4 consolidated net revenue of R$ 10.39 billion, up 3% at constant currency (-10.8% in BRL), driven by double-digit constant currency (CC) growth at Natura &Co Latam and Aesop.
  • In the fourth quarter, sales growth improved at constant currency and we delivered further progress in cash conversion, in line with our priorities.
  • Natura &Co Latam's net sales were up by 10.6% in constant currency ("CC) and down 3.2% in BRL.
  • The Body Shop's Q4 net revenue declined by 8.4% at constant currency (-20.6% in BRL), marking a sequential improvement over the previous quarter.

Animal Alliance of Canada asks “What does it take to get a cosmetic animal testing ban in Canada?”

Retrieved on: 
Thursday, March 9, 2023

“If 43 other countries can implement a cosmetic animal testing ban, why can’t Canada,” asked Liz White, Director, Animal Alliance of Canada.

Key Points: 
  • “If 43 other countries can implement a cosmetic animal testing ban, why can’t Canada,” asked Liz White, Director, Animal Alliance of Canada.
  • You have the opportunity to stop cosmetic animal testing in Canada now and garner support for your government,” said White.
  • In 2022, allied stakeholders, including the Cosmetic Alliance Canada, Humane Society International, Animal Alliance of Canada, Cruelty Free International, Lush and the Body Shop, met with government officials and presented an agreed upon policy approach to restart the legislative process to end cosmetic animal testing in Canada.
  • It is now March 2023, 10 years after the EU’s testing ban, and still no legislation in Canada.

ELEMIS Is Proud To Be A Certified B Corp

Retrieved on: 
Thursday, January 26, 2023

Sold in 103 countries, ELEMIS will use their global voice to elevate B Corp awareness around the world to build a better tomorrow.

Key Points: 
  • Sold in 103 countries, ELEMIS will use their global voice to elevate B Corp awareness around the world to build a better tomorrow.
  • To certify as a B Corp, performance is analysed across five key areas: governance, workers, community, environment, and customers.
  • We know that ELEMIS is going to be a fantastic addition to the B Corp community and will continue to drive the conversation forward.
  • The L'OCCITANE Group is proud to have ELEMIS B Corp Certified and will continue supporting ELEMIS in our shared mission to positively impact people and regenerate nature while delivering exceptional skincare.