Natura eyes sale of The Body Shop
The Body Shop’s parent company Natura & Co is reportedly eyeing a sale of the business after difficulties making the retailer more profitable.
Natura announced on Monday that it was “exploring strategic alternatives” for the UK bath and body retailer, which it acquired from L’Oréal in 2017 in a deal valued at €1bn, the Financial Times reported.
One of the “strategic alternatives” is understood to be a sale of the business as well as considering selling other assets, according to people close to the situation.
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