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Avon, struggling in the Glossier era, sells to a Brazilian beauty conglomerate

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Natura Cosmeticos, a Brazilian beauty conglomerate, just purchased Avon, the iconic British company best known for its vast network of saleswomen known as “Avon ladies,” who sell products door-to-door. The terms of the deal were not made public. In 2017, Natura bought The Body Shop, another British beauty company, from L’Oreal.

Avon, which was founded........

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