The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Brazilian cosmetics maker Natura & Co, owner of brands like Avon and The Body Shop, reported fourth quarter net profit of 175.7 million reais ($31 million), topping a Refinitiv estimate of 89.4 million reais.
The company attributed the rise in net profits from a year ago to increased revenue and cost controls.
The company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of 1.25 billion reais in the quarter, slightly undershooting Refinitiv’s 1.29 billion reais estimate.
By Alberto Alerigi Jr; editor: Chris Reese.
Beauty labels hope to court the concert set for both brand awareness and trendsetting opportunities.
Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit.
Landing a retail partnership is often seen as a major milestone for beauty founders — but it brings a bevy of new challenges, from the logistical complexities to setting a marketing budget. Black entrepreneurs, who typically have far less capital to work with, often face tough choices.
The firm has been working on a listing since at least 2022, with previous attempts buffeted by volatile markets.