The Body Shop to cut 300 jobs at head office and dozens of stores could close
- The Body Shop is closing half of its stores in the UK due to falling into administration, resulting in 270 head office job cuts.
- The closure of stores and reduction in head office roles is part of a restructuring to secure the future of The Body Shop.
- Despite the closures, The Body Shop aims to focus on online sales channels and wholesale strategies for financial stability.
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The Body Shop To Shut Nearly Half Of Its Stores In UK
The UK arm of The Body Shop cosmetics group will shut nearly half its 198 outlets, adminstrators brought in to save parts of the distressed company said Tuesday. The near 50-year-old business renowned for ethical hair and skin products will immediately close seven stores, including four in London, administrators FRP Advisory said in a statement. The Body Shop employs about 1,500 people across its UK stores but the administrators did not specify …
·New Delhi, India
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Leaning Left3Leaning Right4Center13Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
15%
C 65%
R 20%
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