Natura & Co

Globant Introduces CONVERGE. AI: Limitless Disruption, its Annual Tech Trends' Event Providing Groundbreaking Insights for Business Reinvention

Retrieved on: 
Monday, November 27, 2023

The event will be streamed on November 30th, 11 am EST.

Key Points: 
  • The event will be streamed on November 30th, 11 am EST.
  • "In a world where tech is a big part of our everyday lives, Globant's important mission is to connect with and inspire people around the globe.
  • At our flagship annual event, CONVERGE, experts will share their knowledge and experience to help business leaders, innovators, entrepreneurs, techies, and decision-makers gain a better understanding of AI's possibilities."
  • Globant's main event gathers top minds from different industries to share firsthand how AI is reinventing work, businesses, and industries.

Globant Introduces CONVERGE. AI: Limitless Disruption, its Annual Tech Trends' Event Providing Groundbreaking Insights for Business Reinvention

Retrieved on: 
Monday, November 27, 2023

The event will be streamed on November 30th, 11 am EST.

Key Points: 
  • The event will be streamed on November 30th, 11 am EST.
  • "In a world where tech is a big part of our everyday lives, Globant's important mission is to connect with and inspire people around the globe.
  • At our flagship annual event, CONVERGE, experts will share their knowledge and experience to help business leaders, innovators, entrepreneurs, techies, and decision-makers gain a better understanding of AI's possibilities."
  • Globant's main event gathers top minds from different industries to share firsthand how AI is reinventing work, businesses, and industries.

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Natura &Co: Consistent adjusted EBITDA margin improvement alongside strengthened balance sheet in Q3

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3)  continued to improve its profit margins in the third quarter, while deleveraging its balance sheet thanks to the proceeds of the sale of Aesop, which closed on August 30th.

Key Points: 
  • Avon International posted broadly stable top line and further margin improvements, reaching high-single-digit adjusted EBITDA margin.
  • Margin benefited from strong gross margin improvement, up 320 bps to 63.7%, benefitting from the continued effects of price increases, richer mix and marketing efforts.
  • Adjusted EBITDA margin was 8%, up 440 bps, driven by gross margin expansion of 490 bps thanks to price increases and product mix.
  • Adjusted EBITDA margin improved again this quarter, growing by 140 basis points to 7.7%, thanks to another quarter of gross margin growth, up 30 bps to 76.6%, combined with strict cost control.

Clean Beauty Market Set to Reach $8.10 Billion by 2023: Rising Consumer Awareness Drives Demand - ResearchAndMarkets.com

Retrieved on: 
Monday, November 6, 2023

The global clean beauty market is poised for substantial growth and is expected to reach a market value of US$8.10 billion by 2023, with a remarkable CAGR of 12.13% over the projected period.

Key Points: 
  • The global clean beauty market is poised for substantial growth and is expected to reach a market value of US$8.10 billion by 2023, with a remarkable CAGR of 12.13% over the projected period.
  • Consumers have grown more discerning about product ingredients, fueling the demand for clean beauty products.
  • Product Types: The global clean beauty market encompasses five key segments: Skin Care, Hair Care, Cosmetics, Fragrances, and Others.
  • Rising consumer awareness and a preference for clean beauty products are driving market growth.

MySize Issues Shareholder Update: Revised 2023 Revenue Guidance of ~ $8 Million

Retrieved on: 
Monday, October 30, 2023

AIRPORT CITY, Israel , Oct. 30, 2023 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today issued a shareholder update from its Founder and CEO, Ronen Luzon.

Key Points: 
  • Dear MySize Partners and Shareholders,
    Before providing a business update on MySize, first, I must address the unprecedented October 7 attack on Israel by the terrorist group Hamas.
  • For the 12 months ended December 31, 2022, MySize reported revenue of $4,459,000 compared to $131,000 for fiscal 2021.
  • $4,132,000 of our total 2022 revenue came from Orgad's operations commencing on February 7, 2022, the date Orgad's acquisition closed.
  • While we reported revenues of approximately $2 million during the first half of 2023 and previous revenue guidance of between $9 to $10 million for 2023, based on the current revenue run rate and upcoming holiday shopping season, we expect approximately $8 million in revenues for the 12 months ended December 31, 2023 bringing us closer to cash-flow positive.

VivaWell: The Healthtech Revolutionizing Healthcare Services in LATAM

Retrieved on: 
Tuesday, September 19, 2023

MEXICO CITY, Sept. 19, 2023 /PRNewswire/ -- VivaWell, the innovative Latin American Healthtech, is transforming access to healthcare and wellness services that companies provide to their employees.

Key Points: 
  • MEXICO CITY, Sept. 19, 2023 /PRNewswire/ -- VivaWell, the innovative Latin American Healthtech, is transforming access to healthcare and wellness services that companies provide to their employees.
  • VivaWell initiated its startup journey in 2021 and started offering its services to the corporate market in mid-2022 across Mexican territory.
  • His mission was to provide a solution for millions of people in LatAm who lacked accessible and high-quality healthcare coverage.
  • VivaWell has provided services to various companies, including well-known brands like Grupo Bimbo, Sanofi, Paramount, Avon, and Natura, among others.

NATURA RESOURCES CELEBRATES OPENING OF FIRST ADVANCED REACTOR FACILITY

Retrieved on: 
Thursday, September 14, 2023

ABILENE, Texas, Sept. 14, 2023 /PRNewswire/ -- Natura Resources moved one step closer to deploying its first molten salt reactor (MSR) system with the grand opening on Sept. 1 of the facility that will house this first-of-a-kind reactor.

Key Points: 
  • ABILENE, Texas, Sept. 14, 2023 /PRNewswire/ -- Natura Resources moved one step closer to deploying its first molten salt reactor (MSR) system with the grand opening on Sept. 1 of the facility that will house this first-of-a-kind reactor.
  • The 28,000-square-foot Science and Engineering Research Center (SERC) at Abilene Christian University (ACU) is the first advanced reactor facility constructed in the U.S. and the site where Natura will first demonstrate its reactor technology.
  • "We're pushing beyond paper reactors... we have opened the facility where we will deploy our first molten salt reactor."
  • Doug Robison, Founder and President of Natura Resources, in reference to this historic event, had this to say:
    "At Natura Resources we're pushing beyond paper reactors.