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In 2017, L'Oréal sold the Body Shop to Brazilian cosmetics company Natura for £880 million (€1 billion). [6] At the time, the company was one of the world's largest cosmetics chains, with 3,200 stores and 17,000 employees in 66 countries. [3] [28] The Body Shop received its B-Corp certification in 2019. [29]
The pair would become the Body Shop's biggest supplier until, in the early 1990s, the retailer became uncomfortable with not owning the formulations of many of its products. The Body Shop bought Constantine and Weir out, paying them £6 million for the manufacturing rights to the products they had been supplying.
After several jobs in the London area, Constantine relocated back to Poole to work in the freelance cosmetics industry. [3] During his freelance career, Constantine sent samples of his work, such as shampoo, to Dame Anita Roddick, founder of The Body Shop from whom he took some orders. However, due to intellectual property rights which Roddick ...
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in November 2023, Aurelius acquired The Body Shop, a British ethical beauty brand, from Brazilian cosmetics group Natura for £207 million. This acquisition was part of The Body Shop's ongoing changes in ownership, having been previously sold in 2006 and 2017. [24]
Bath and Body Works’ CEO believes in her strategy for the $7.4 billion retailer—so she bought her own stock Emma Hinchliffe, Nina Ajemian Updated January 22, 2025 at 1:47 PM
On 17 March 2006, L'Oréal purchased cosmetics company The Body Shop for £562 million. [11] In May 2008, L'Oréal acquired YSL Beauté for $1.8 billion. [12] In January 2014, L'Oréal finalized the acquisition of major Chinese beauty brand Magic Holdings for $840 million. [13]
The investment resulted in Cerberus having an almost 17 percent stake in Avon Products. [29] [30] In January 2020, Natura & Co closed the acquisition of Avon Products, Inc. The Natura & Co [31] group also includes Natura, Aesop, and The Body Shop, and with the acquisition of Avon has created the world's fourth-largest pure-play beauty company. [32]