Brazil’s Natura mulls sale of The Body Shop
SAO PAULO (Reuters) -Brazilian cosmetics maker Natura &Co on Monday said its board of directors had authorized the company to search for “strategic alternatives” for its subsidiary The Body Shop, including a potential sale of the business. The move comes after the Brazilian company in April agreed to sell its luxury brand Aesop to French cosmetics group L’Oreal at an enterprise value of $2.53 billion. A sale of The Body […]