Natura has sold its Avon operations in Russia. Arnest Group purchased the operations for approximately $31 million, which were the last remaining Natura asset outside Latin America.
This agreement follows the sale of its Avon operations in Latin America last month to Regent LP, a US-based investment firm. Recently, Natura & Co has been restructuring its operations to integrate into its Natura Cosmeticos subsidiary, a plan that would make Natura Cosmeticos the parent company.
The post Natura Sells Avon Operations in Russia first appeared on Direct Selling News.
