beauty

Beauty Giant Natura Gets $1 Billion to Boost Avon Turnaround

(Bloomberg) — Cosmetics maker Natura & Co Holding SA raised 5.61 billion reais ($1 billion) in an equity sale that will help it make the most out of its purchase of Avon Products Inc.



a table with wine glasses: Bottles sit on a table at the Natura Cosmeticos SA production facility in the town of Cajamar, Sao Paulo State, Brazil, on Wednesday, June 28, 2017. British make-up seller Body Shop from L'Oreal SA has been sold to Natura Cosmeticos SA with a deal that estimates to be worth 1 billion euros ($1.1 billion).


© Bloomberg
Bottles sit on a table at the Natura Cosmeticos SA production facility in the town of Cajamar, Sao Paulo State, Brazil, on Wednesday, June 28, 2017. British make-up seller Body Shop from L’Oreal SA has been sold to Natura Cosmeticos SA with a deal that estimates to be worth 1 billion euros ($1.1 billion).

The Sao Paulo-based firm sold 121.4 million voting shares at 46.25 reais apiece, according to a filing, confirming an earlier report by Bloomberg. Stock rose as much as 1.7% in early trading Friday before paring gains.

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Key Insights

Natura, which is also the owner of the brands Natura, Body Shop and Aesop, will use proceeds for cutting debt

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shopping

‘Supermarket Sweep’ is coming to Houston. Or at least a giant shopping cart is

You can see this giant shopping cart at Yale Street Market on Oct. 12.

You can see this giant shopping cart at Yale Street Market on Oct. 12.

Courtesy

There are a few giant vehicles us Americans view upon with reverence. Monster trucks. The Oscar Meyer Wienermobile. That one “Rick and Morty” car thing.

Add a giant shopping cart to that list, because “Supermarket Sweep” is headed to Houston with its Shopper Chopper.

SPOOKY: The 12-foot-tall skeletons from Home Depot are the new heroes of Halloween

The “larger-than-life, branded, 18-foot street-legal shopping cart” is making an appearance at Yale Street Market on October 12 in celebration of the game show getting rebooted on ABC October 18.

If you head to Yale Street Market between 11 a.m. and 7 p.m., you’ll come face-to-face with the Shopper Chopper and get a “Supermarket Sweep” shopping bag containing gift cards up to $100 each to help cover your

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style

Giant Hollywood-Style Trump Sign Appears on Los Angeles Freeway

Welcome to Tinsel Town: Large letters in the style of the iconic Hollywood sign reading “TRUMP” were found on Los Angeles’ 405 Freeway on Tuesday morning.



Donald Trump wearing a suit and tie: Republican presidential candidate Donald Trump gives two thumbs up to the crowd during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio.


© Chip Somodevilla
Republican presidential candidate Donald Trump gives two thumbs up to the crowd during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio.

Los Angeles CBS Local reported that the letters were installed sometime between late Monday night and Tuesday morning on the southbound side of the Freeway in Sepulveda Pass. The giant letters appeared to use the iconic typeface from the “SF Hollywood Hills” font family, making it blend into the hilly setting seamlessly.

‘Get Out There’: Trump Removes Face Mask For Photo Op As He Returns To White House

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UP NEXT

California Highway Patrol’s incident log reported the “traffic hazard” around 6:41

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style

Giant Trump sign taken down along Los Angeles freeway

Titanic letters spelling out the name of President Donald Trump that appeared Tuesday morning along Interstate 405 in Los Angeles didn’t last long.

Workers have already removed the 10-foot-tall Hollywood-style sign that read “Trump,” KTLA reports. Callers first reported the sign to the California Highway Patrol at 6:41 a.m.

Whoever erected the sign along the busy highway over the Sepulveda Pass has not been publically identified, KCBS reported.

A California Department of Transportation official said workers took down the sign by 9 a.m. as a potential traffic hazard, KTLA reported. Motorists were slowing down to snap photos of it.

Trump supporters quickly took to Twitter to argue the sign shows secret high levels of support for the president’s re-election in California. A Sept. 25 UC Berkeley Institute of Governmental Studies poll shows Biden leading Trump in California by 39 points, however, KQED reports.

In Long Beach, officials are investigating the

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fashion

Fashion retail giant H&M to close 250 of its stores around the world as the pandemic sends shoppers online



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© Provided by This Is Money
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Fashion giant H&M said it is closing 250 of its stores globally next year as the Covid-19 pandemic continues to accelerate a major switch to online shopping. 

H&M, which is the world’s second biggest clothing retailer, said that around a quarter of its 5,000 stores are able to renegotiate or exit contracts next year, allowing it to shut around five per cent of its shops for good.

The locations of the shop closures, how many jobs will be axed and whether or not any UK stores will be affected, remains unclear. 

The update came as the Swedish company said it had seen trading continue to recover in September, but sales remained 5 per cent lower than at the same point a year ago.



Shutting shops: Fashion giant H&M is closing 250 of its stores globally next year


© Provided by This Is Money
Shutting shops: Fashion giant H&M is closing 250 of its stores globally next

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