Body Shop's remaining stores saved after rescue deal struck

The Body Shop rescued from administration after last-minute deal

Growth capital firm Aurea on Saturday announced the completion of its acquisition of UK-based cosmetics group The Body Shop, renowned for ethical hair and skin products. The 50-year-old business entered administration in February, which led to FRP Advisory being brought in to try to salvage part of the group. Continue trading Soon after, The Body Shop announced it would shut almost half of its 198 stores in Britain. On collapsing, it employed ab…

The Body Shop rescued from administration after deal

LONDON: Growth capital firm Aurea on Saturday (Sep 7) announced the completion of its acquisition of UK-based cosmetics group The Body Shop, renowned for ethical hair and skin products. The 50-year-old business entered administration in February, which led to FRP Advisory being brought

List of remaining Body Shop stores as brand rescued from administration

After the business sank earlier this year, around 113 branches remain open (Picture: AFP) The Body Shop, the cosmetic store that embraces cruelty-free and all-natural products, has been saved from administration. Between years of austerity, a worldwide pandemic and a cost of living crisis, it hasn’t been the best time recently to be a high-street retailer. After all, as one Metro.co.uk columnist asked in 2013: ‘Is the death of the high street …

The chain, which filed for bankruptcy in February in the United Kingdom, will be bought by the investment company Auréa, which does not currently plan to reduce the number of points of sale.

The Broadway Body Shop among 116 stores rescued by acquisition deal

The Body Shop has been rescued from administration by a consortium led by British tycoon Mike Jatania, with remaining stores to continue trading.

All remaining Body Shop stores to stay open as business rescued by acquisition deal

The acquisition deal by British tycoon Mike Jatania, saves all remaining Body Shop stores.