Latest news with #Natura
Business of Fashion
3 days ago
- Business
- Business of Fashion
Natura CEO Bets on Mexico as Cosmetic Maker Recovers
Natura & Co. is targeting the Mexican market in its push to boost sales as chief executive officer João Paulo Ferreira works to reinvigorate the cosmetics company after disappointing earnings at the end of last year. 'We will grow disproportionately in Mexico,' Ferreira said in an interview. Natura plans to expand its presence in the country from its current footprint of 16 stores and stands, as well as its online operation and its network of more than 500,000 beauty consultants that offer its products in the country. Ferreira declined to provide any targets for store openings. Natura is offering its entire product line, from perfumery to hair products and makeup, in Mexico but currently has just a 5.4 percent share of the market. That trails the 11.5 percent share that French rival L'Oréal holds in Latin America's second-largest economy. While the Brazilian company plans to accelerate its investment in Mexico through organic growth, the CEO didn't rule out an acquisition in the future. Ferreira, who led the Latin America division before being named to oversee the entire group in March, said his goal is to 'capture value from our own business' while laying the groundwork to resume dividend payments. Natura shares plunged 30 percent on March 14 after fourth-quarter results fell short of expectations, sparking investor criticism. The stock has pared some of those losses to trade at about $10.50 a share, down 17.7 percent so far this year. Ferreira said he's hoping to restore market confidence with a clearer strategy and financial discipline. 'The Latin America business is a cash generator and we want to minimize cash consumption,' the CEO said in New York this month. 'We don't have short-term debt — and it's relatively cheap — so in the near future we can expect dividends again.' Ferreira spent 48 hours in the US financial capital for meetings with international investors, saying his message to them was that Natura is 'back on track' under his leadership. He also detected growing interest among global money managers about its home market. 'They were keen to talk about Brazil — more than I expected,' he said. Amazon & Avon Natura is famous for using Amazon rainforest ingredients in its beauty products and is planning to announce a biodiversity research facility in the region during the COP30 summit in November. The 30th edition of the marquee United Nation climate conference will be held this year in the northern Brazilian city of Belem. Ferreira said Natura isn't on the hunt for deals in the short term, but may analyze acquisition opportunities after its Avon International unit completes the bankruptcy protection process it initiated last August. Avon 'should not burn as much cash as it burned last year, including the restructuring costs,' Ferreira said. Asked about a possible buyer for Avon, he said Natura is considering all options, including the sale of assets in parts or in a block. By Rachel Gamarski Learn more: Natura's Losses Rise to $181 Million But Margins Grow In its first-quarter results, the Brazilian beauty company's losses widened and revenue dropped, but grew margins as it continues a turnaround plan that has seen it shed Aesop and The Body Shop.
Bloomberg
3 days ago
- Business
- Bloomberg
Natura CEO Bets on Mexico as Cosmetic Maker Recovers from Rout
Natura & Co. is targeting the Mexican market in its push to boost sales as Chief Executive Officer João Paulo Ferreira works to reinvigorate the cosmetics company after disappointing earnings at the end of last year. 'We will grow disproportionately in Mexico,' Ferreira said in an interview. Natura plans to expand its presence in the country from its current footprint of 16 stores and stands, as well as its online operation and its network of more than 500,000 beauty consultants that offer its products in the country. Ferreira declined to provide any targets for store openings.
Agriland
21-05-2025
- Science
- Agriland
NPWS events to celebrate Irish Natura 2000 sites
Some of the country's most valuable sites for nature are being celebrated today (Wednesday, May 21) to mark Natura 2000 day. The Natura 2000 Network includes over 27,000 protected sites across the European Union, covering nearly 20% of Europe's land and almost 10% of its marine waters. It is the world's largest network of protected sites. Ireland is home to more than 600 Natura 2000 sites, which protect a wide range of valuable habitats and species under the EU Habitats Directive Special Areas of Conservation (SACs) and the Birds Directive Special Protection Areas (SPAs) Natura 2000 To mark Natura 2000 day, the National Parks and Wildlife Service (NPWS) is supporting Bioblitzes and other events in Natura sites around the country. Bioblitzes bring together scientists and citizen scientists to record as many species as possible in a short time at a Natura 2000 site. During the week NPWS staff are hosting bioblitzes at sites including St Gobnet's Wood SAC in Co. Cork, Connemara National Park, Coole Park in Co. Galway, and Killarney National Park in Co. Kerry. Speaking on Natura 2000 Day, Minister of State for Nature, Heritage and Biodiversity, Christopher O'Sullivan encouraged members of the public to discover their local Natura 2000 site. 'The Natura 2000 network includes some of the finest examples of habitats and species we have in this country and in Europe. 'It is a network of protected sites which highlights the biodiverse and unique natural heritage in Ireland and in Europe. 'Conservation is a shared responsibility and today is an opportunity for everyone to learn about a site near you and how it is being managed and protected for future generations,' he said. Restoration The minister said that Natura 2000 Day is also an opportunity to recognise the restoration work that landowners and the NPWS are undertaking together on these sites. These include projects focused on actively restoring raised and blanket bog habitat designated as SACs under the Habitats Directive. Recent surveys are showing significant positive trends in respect of raised bog sites, which are beginning to move towards more favourable conservation condition. Old Oak woodland is being restored in Glen of the Downs SAC, Co. Wicklow by removing the invasive alien species Cherry Laurel, and Lapwing are being protected in Co. Mayo in the Termoncarragh lake and Annagh Machair SPA. Niall Ó Donnchú, director general with the NPWS, said the Natura 2000 network is 'a central part of our natural heritage in Ireland'. 'Many of the sites in the network in Ireland are in public ownership and are accessible, for example, our national parks, while other sites are in private ownership. 'The landowners and stakeholders in all the sites in Ireland are working together to protect and restore these vitally important habitats and species. 'Natura 2000 Day is a reminder of the diverse and unique natural heritage we have and can be proud of in Ireland,' he said.
Yahoo
13-05-2025
- Business
- Yahoo
Brazil cosmetic maker Natura's Q1 net loss narrows by 84%
SAO PAULO (Reuters) - Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 789.5 million reais, up some 30% year-on-year and above the 623 million-real expected by analysts in a LSEG poll. ($1 = 5.6699 reais) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
13-05-2025
- Business
- Reuters
Brazil cosmetic maker Natura's Q1 net loss narrows by 84%
SAO PAULO, May 12 (Reuters) - Brazilian cosmetic maker Natura ( opens new tab posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 789.5 million reais, up some 30% year-on-year and above the 623 million-real expected by analysts in a LSEG poll. ($1 = 5.6699 reais)
