Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the Q2 ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017.
Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop up 55.2 percent.
“We are very pleased with the second quarter results” said Roberto Marques, Natura & Co’s chairman of the board.”
“Natura continues to revitalize its business model through its revamped relationship selling approach, digitization and growing multichannel presence. The Body Shop’s ongoing transformation plan is delivering encouraging initial returns and Aesop continues its stellar growth trajectory. Natura & Co is well positioned to deliver further growth, reach its medium-term and long-term ambitions, with continuous advances in sustainable business practices.”
Natura’s growth was despite a trucker’s strike impact, with both Brazil and Latin America showing great momentum. Natura continued to gain market share in core categories in Brazil and show productivity gains, positively advancing the company’s new Relationship Sales model and digitization of its channel.
Natura & Co began to implement The Body Shop’s transformation plan this quarter with initiatives including organization redesign, store footprint optimization and measures to improve