Natura revenue boom attributed to The Body Shop acquisition

Natura revenue boom attributed to The Body Shop acquisition

Brazilian beauty company Natura has reported a net revenue rise of 24.3 percent to $723 million, which includes one-month revenue from The Body Shop, according to a report by The Financial Times.

The Body Shop contribution is said to have helped the company’s revenue boom, with Natura reporting a 16.6 percent net income fall to $18 million, down from $22 million year on year.

Due to the acquisition of the British natural beauty brand The Body Shop, Natura will now create 54 percent of its sales outside of Brazil, with a focus on the US, UK, and Latin America.

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