Natura &Co losses widen as it explores ‘potential separation’ of Avon

Avon sign

Brazilian cosmetics giant and former owner of The Body Shop Natura &Co has posted widening losses as Avon International sales continued to fall in the first quarter of the year.

Natura &Co’s net loss widened 43.3% to BRL934.9m (£143.6m) in the first quarter of the year,  compared to a net loss of BRL652m (£100m) in the same period in 2023.

 

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