Follow us twitter facebook
Edition: Brazil
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Natura finalizes Aesop acquisition

Natura Cosméticos recently completed the acquisition of 100% of Australian company Emeis Holdings Pty Ltd. ("Emeis"), which operates under the brand name Aesop.

One of the two Aesop stores in Sao Paulo, Brazil

One of the two Aesop stores in Sao Paulo, Brazil

Natura already owned 65% of Emeis, the acquisition of which was approved in 2013.

As per the documents submitted to approval on this occasion, the 100% of the put and call options of Emeis’ common shares held by its minority shareholders could be exercised from the date of Emeis financial statements’ approval regarding the fiscal year closed on June 30, 2016. Natura eventually exercised a call option to acquire up to 100% of the ordinary shares held by the minority shareholders.

Aesop currently operates in 20 countries through its 177 signature stores (...)

Aesop currently operates in 20 countries through its 177 signature stores plus 84 department stores.

Aesop currently operates in 20 countries through its 177 signature stores plus 84 department stores. In 2013, the brand was present in just eight countries, had 57 signature stores and 54 department stores.

© 2016 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
FCE Cosmetique 2017 marked by record public attendance

FCE Cosmetique 2017 marked by record public attendance

FCE Cosmetique and FCE Pharma, which took place on 23-25 May 2017 at São Paulo Expo recorded an unprecedented level of attendance, receiving 15,400 visitors, a growth of 9% compared to previous year. At the opening ceremony, Geraldo Alckmin, Governor of the São Paulo State, highlighted the efforts of the Government for the (...)

read more
Experts’ views
Green alternatives to microplastic beads

Lipotec
Green alternatives to microplastic beads

Sustainability has become a big concern in our time. The fight against plastics has hardened and consumers are looking for environment-friendly products to reduce the human footprint on Earth. In the skin care industry, the plastic microbeads, historically used in physical exfoliants, have been questioned in many countries for their (...)

read more

Features