🚀Brazil's Natura & Co is exploring a sale of The Body Shop after another quarter of declining sales! 💄
- Natura's board authorized management to explore "strategic alternatives" for The Body Shop, including a potential sale
- Sales at The Body Shop fell 12% to $163.7 million in Q2
- The brand has struggled to adapt to changing consumer habits during the pandemic
Despite challenges in the retail sector, the beauty industry remains a bright spot! Will a new owner help The Body Shop regain its shine? ✨ Stay tuned!