Natura & Co

Natura &Co to explore possible separation of Natura &Co Latam and Avon into two independent listed companies

Retrieved on: 
Monday, February 5, 2024

SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has authorized its management to assess a possible separation of Natura &Co Latam and Avon to unlock further shareholder value.

Key Points: 
  • The aim of this study is to unlock the full potential of both companies, which have distinct geographical footprints and serve different beauty consultants and consumers.
  • This potential separation would also afford shareholders greater visibility into the financial performance, structure, growth prospects, and investment theses of the respective companies.
  • Natura would continue to operate with both brands in the region, so the potential separation would not impact the integration of the brands in Latin America.
  • While the strategic assessment is being conducted by Natura &Co´s management, the company continues to implement Avon´s turnaround strategy and integrate the businesses of the Natura and Avon brands in Latin America.

Natura &Co to explore possible separation of Natura &Co Latam and Avon into two independent listed companies

Retrieved on: 
Monday, February 5, 2024

SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has authorized its management to assess a possible separation of Natura &Co Latam and Avon to unlock further shareholder value.

Key Points: 
  • The aim of this study is to unlock the full potential of both companies, which have distinct geographical footprints and serve different beauty consultants and consumers.
  • This potential separation would also afford shareholders greater visibility into the financial performance, structure, growth prospects, and investment theses of the respective companies.
  • Natura would continue to operate with both brands in the region, so the potential separation would not impact the integration of the brands in Latin America.
  • While the strategic assessment is being conducted by Natura &Co´s management, the company continues to implement Avon´s turnaround strategy and integrate the businesses of the Natura and Avon brands in Latin America.

LEADING EDGE MATERIALS REPORTS FISCAL 2023 RESULTS

Retrieved on: 
Wednesday, January 24, 2024

In terms of our assets and the underlying materials needed for the green transition, natural graphite remains a particularly interesting commodity according to many analysts2.

Key Points: 
  • In terms of our assets and the underlying materials needed for the green transition, natural graphite remains a particularly interesting commodity according to many analysts2.
  • Last year, the Canadian company Neo Performance Materials have broken ground on building a rare earth permanent magnet factory in Estonia11.
  • Results confirm in-situ high grade Co-Ni-Au and Cu-Zn-Pb-Ag mineralization within +150 m and 350 m gallery segments in G7 and G4 respectively.
  • These results confirm our belief that this is a high prospective exploration project with potential for both scale and high-grade mineralization.

Natura &Co announces intention to end secondary listing on NYSE

Retrieved on: 
Thursday, January 18, 2024

SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.

Key Points: 
  • SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.
  • In line with the company's long-term strategic objectives of simplifying operations, Natura &Co has decided to discontinue its secondary listing on the NYSE, as the vast majority of Natura &Co trading activity is concentrated on the B3 stock exchange.
  • The decreasing trading volume of Natura &Co ADRs on the NYSE no longer makes maintaining the listing a compelling option.
  • Natura &Co has not arranged for listing, quotation and/or registration of the ADRs on another securities exchange or quotation medium.

Natura &Co announces intention to end secondary listing on NYSE

Retrieved on: 
Thursday, January 18, 2024

SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.

Key Points: 
  • SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.
  • In line with the company's long-term strategic objectives of simplifying operations, Natura &Co has decided to discontinue its secondary listing on the NYSE, as the vast majority of Natura &Co trading activity is concentrated on the B3 stock exchange.
  • The decreasing trading volume of Natura &Co ADRs on the NYSE no longer makes maintaining the listing a compelling option.
  • Natura &Co has not arranged for listing, quotation and/or registration of the ADRs on another securities exchange or quotation medium.

Face Wash Market to grow by USD 8.38 billion from 2023 to 2028 | Market is fragmented due to the presence of prominent companies like Alchemee LLC, Amway Corp. and Beiersdorf AG, and many more - Technavio

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- The face wash market is estimated to grow by USD 8.39 billion from 2023 to 2028, growing at a CAGR of 5.46%.

Key Points: 
  • NEW YORK, Dec. 19, 2023 /PRNewswire/ -- The face wash market is estimated to grow by USD 8.39 billion from 2023 to 2028, growing at a CAGR of 5.46%.
  • The face wash market is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer face wash market are Alchemee LLC, Amway Corp., Beiersdorf AG, Bloomtown Ltd., Christian Dior SE, Emami Ltd., Helios Lifestyle Pvt Ltd., Himalaya Global Holdings Ltd., Honasa Consumer Pvt.
  • Beiersdorf AG - The company offers face wash such as Nivea Dark Spot Deduction face wash, Nivea Milk Delight, Nivea Oil Control All in One face wash, and many more.

NATURA BISSÉ and ARCH AMENITIES GROUP EUROPE Announce a Strategic Collaboration in the EU Market and the UK

Retrieved on: 
Wednesday, November 22, 2023

Natura Bissé & Arch Amenities Group Europe have announced a formal collaboration to increase their collective presence in the luxury spa sector across the EU and the United Kingdom.

Key Points: 
  • Natura Bissé & Arch Amenities Group Europe have announced a formal collaboration to increase their collective presence in the luxury spa sector across the EU and the United Kingdom.
  • For its part, Arch Amenities Group and its 3800 employees currently manage over 430 properties around the world.
  • That is why I’m convinced that our collaboration with Arch Amenities Group Europe will allow us to expand our presence in first-class spas and wellbeing centers,” says Verónica Fisas, CEO at Natura Bissé Group.
  • “Partnering with Natura Bissé in Europe to develop spas is an ideal fit for Arch as we grow our presence in Europe.

VTEX Is Awarded Best Interface Developer Portal at DevPortal Awards 2023

Retrieved on: 
Tuesday, December 12, 2023

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- VTEX ( NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, proudly announces its win in the Best Interface Developer Portal category at the DevPortal Awards 2023. This award acknowledges VTEX's commitment to revolutionizing the developer experience with its pragmatic approach to composability and underscores its dedication to empowering the global developer community.

Key Points: 
  • VTEX's Developer Portal empowers a global community through a comprehensive suite of resources, innovative design, and user-centric features
    NEW YORK, Dec. 12, 2023 /PRNewswire/ -- VTEX ( NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, proudly announces its win in the Best Interface Developer Portal category at the DevPortal Awards 2023.
  • "We are thrilled and honored to be recognized by the DevPortal Awards for our achievement in the Best Interface Developer Portal category," said Bruno Amui, head of Documentation at VTEX.
  • The VTEX Developer Portal serves as a hub for front and backend developers, offering a comprehensive suite of resources for integrating and building composable solutions for ecommerce.
  • The jury at the DevPortal Awards recognized VTEX for its elegant design, intuitive navigation, and user-centric features.

Leadership transition in Avon International

Retrieved on: 
Thursday, November 30, 2023

SÃO PAULO, Nov. 30, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces Kristof Neirynck, currently the Global Chief Marketing Officer and Managing Director for Western Europe, as the new CEO of Avon. After a landmark 25 years with the company, Angela Cretu will continue to support and contribute to the Avon business, as an advisor.

Key Points: 
  • After a landmark 25 years with the company, Angela Cretu will continue to support and contribute to the Avon business, as an advisor.
  • Under Angela's leadership, Avon initiated a successful turnaround strategy, streamlining its operating model and radically simplifying its portfolio.
  • As Global Chief Marketing Officer for Avon for the past two years, he drove a complete brand relaunch and achieved significant gross margin improvement.
  • Before joining Avon, Kristof served as the Chief Marketing Officer for Global Brands at Walgreens Boots Alliance (WBA).

Leadership transition in Avon International

Retrieved on: 
Thursday, November 30, 2023

SÃO PAULO, Nov. 30, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces Kristof Neirynck, currently the Global Chief Marketing Officer and Managing Director for Western Europe, as the new CEO of Avon. After a landmark 25 years with the company, Angela Cretu will continue to support and contribute to the Avon business, as an advisor.

Key Points: 
  • After a landmark 25 years with the company, Angela Cretu will continue to support and contribute to the Avon business, as an advisor.
  • Under Angela's leadership, Avon initiated a successful turnaround strategy, streamlining its operating model and radically simplifying its portfolio.
  • As Global Chief Marketing Officer for Avon for the past two years, he drove a complete brand relaunch and achieved significant gross margin improvement.
  • Before joining Avon, Kristof served as the Chief Marketing Officer for Global Brands at Walgreens Boots Alliance (WBA).