THE WHAT? Natura &Co has reported its results for the first quarter of fiscal 2022. The Brazilian owner of Aesop and The Body Shop saw revenue drop 4.6 percent in constant currency top R$8.3 billion.
THE DETAILS However, highlights of the quarter included the return to growth of homegrown Natura brand in Brazil, with significant gains in market share in the quarter. Aesop continued to post strong growth, with revenue up 21.3 percent at constant currency and double-digit growth in all markets.
In contrast, Avon International’s revenue dove 10.1 percent, impacted by the war in Ukraine, lower disposable income in Europe and intentional optimization linked to the implementation of the new commercial model.
The Body Shop, meanwhile, saw net revenue plummet 16 percent as ‘expected channel rebalancing’ occurred following TBS At Home and e-commerce’s lockdown booms.
THE WHY? Natura &Co said that its Q1-22 performance was notably impacted by rising inflation affecting discretionary spend, cost pressures in the supply chain and the war in Ukraine.
Roberto Marques, Executive Chairman and Group CEO, declared, “While our Q1 performance was impacted by rising inflation, cost pressures in the supply chain, unfavourable currency movements, and the first effects of the war in Ukraine, they also reflect The Body Shop channel rebalancing and weak consumer demand in Europe, as well as key strategic decisions related to Avon’s transformation, including a reduction in the product portfolio and the implementation of the new commercial model.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
