Brazilian beauty conglomerate Natura & Co, which owns the Avon brand, is considering a sale of The Body Shop after numerous quarters of declining sales.
Brazilian beauty conglomerate Natura & Co is looking for a buyer for The Body Shop.
The Body Shop, which has a heavy mall footprint in the U.S., saw sales decline 12% during its second quarter.is considering a sale of The Body Shop after the skincare and cosmetics line saw another quarter of declining sales, according to a Monday securities filing. , wrote in the filing that its board of directors"recently authorized its management to explore strategic alternatives for The Body Shop," the filing said.Get Southern California news, weather forecasts and entertainment stories to your inbox."There can be no assurance that this process will result in any transaction.
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