Health & Beauty
Natura & Co mulls Avon separation amid widened losses
While the group said productivity at Avon improved year-on-year, this was ‘more than offset’ by reduced representative activity from fewer available reps
Natura and Co has confirmed it is still exploring a “potential separation” of Avon after its losses widened in the first quarter of trading. Over the period, its net loss widened by 43.3% to BRL934.9m (£143.6m), up from a loss of BRL652m (£100m) the prior year.
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