Nykaa, the India-based omnichannel beauty and fashion retailer, has announced its acquisition of a majority stake in the clean beauty brand Earth Rhythm. This strategic move follows Nykaa’s initial minority stake investment in Earth Rhythm in 2022, with the latest deal comprising primary and secondary transactions. The acquisition aligns with Nykaa’s commitment to expanding its […]
Natura to Take Franchise Model to Mexico
The Brazilian cosmetics company Natura & Co has announced plans to introduce a franchise business model in Mexico, starting mid-2025. The company says the move is part of a broader strategy to strengthen its sales force in the region. It mirrors successful implementations of the model in other markets, including Brazil, Colombia, Chile, Ecuador and Peru. […]
Peru Becomes Leading Organic Banana Exporter
Peru has become the world’s leading exporter of organic bananas, according to the country’s Ministry of Agriculture and Irrigation (Minagri). The ministry plans to maintain pole position until 2023. Oscar Raymundo, the general manager of the Association of Organic Producers of Querecotillo (APOQ), Piura, provides information on the profitability of organic bananas. According to Raymundo, […]
Australia: Organic Agriculture and Coronavirus
Australian Organic is standing with the National Farmers’ Federation (NFF) and calling on the government to recognise agriculture and the food supply chain to be deemed as an essential service, in response to COVID-19 measures. There are around 2,000 certified organic primary producers in Australia, including farmers, graziers, apiarists and wild harvesters. Australian Organic CEO […]
Ivory Coast: Fairtrade Boosting Cocoa Farmers Income
Fairtrade International says sales of fairtrade certified cocoa from the Ivory Coast in the fourth quarter of 2019 increased farmers’ earnings by approximately US $15.1 million compared to non-fairtrade cocoa. About two-thirds of the world’s cocoa is grown by smallholder farmers in the Ivory Coast and Ghana. More than 190,000 Ivorian cocoa farmers are members of […]