Aurelius Acquires The Body Shop for $254 Million — Retail Bum

Brazilian cosmetics giant Natura & Co. has agreed to sell The Body Shop to private investor Aurelius Group for $254.32 million, six years after buying it from L’Oreal.

The announcement comes less than a year after the company revealed plans to rejigger its business portfolio, starting with the sale of luxury brand Aesop to L’Oreal for $2.53 billion.