11.15.05
BRAZIL: Shares of Natura Cosmeticos SA soared 11.8% to 40.80 reais following their debut on the Brazilian stock market in May.
“We are going to continue growing in Brazil—that’s our focus—but we are continuing to expand across Latin America,” said Pedro Luiz Passos, Natura’s chief executive and president. The company has no plans yet for Europe or the U.S., according to Mr. Passos.
“We are going to continue growing in Brazil—that’s our focus—but we are continuing to expand across Latin America,” said Pedro Luiz Passos, Natura’s chief executive and president. The company has no plans yet for Europe or the U.S., according to Mr. Passos.