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Body Shop Malaysia operator InNature Bhd is seeking to raise RM120.6 million (US$25.5 million) in funding from an IPO. The firm says some of the funds will be used to fund store network expansion in Vietnam and Cambodia. The Body Shop Malaysia business…
The retailer and distributor of The Body Shop products in Malaysia since 1984 has yet to fix the issue price and the opening and closing dates of the IPO. But local news reports have suggested the IPO may raise up to MYR200 million (US$48.6 million). InNature…
Brazilian parent of Aesop and the Body Shop to take over 130-year-old Avon business. Cosmetics firm Natura is acquiring Avon Products in an all-share transaction, creating one of the world’s largest “pure-play” beauty groups. The combination of Natura and…
Beauty and body care retailer The Body Shop is stepping up its sustainability efforts with the launch of its new recycling scheme that helps consumers recycle their empty packaging. The new initiative, which will launch in Australia on June 10, allows…
The new Body Shop CEO has been named by its new owner, Brazilian-headquartered Natura Group. He is David Boynton, who currently heads up bespoke shirt retailer Charles Tyrwhitt. Having sealed its Body Shop acquisition earlier this year, Natura is keen to…
Smith will join Debenhams in May. He will also be appointed to the department store group’s executive committee. Smith, who is currently based in Singapore, has been with The Body Shop for five years and previously held the same position at Pepe Jeans. He has…
