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Body Shop's remaining stores saved after rescue deal struck

  • More than 100 Body Shop stores have been rescued from closure by a deal led by British tycoon Mike Jatania.
  • The acquisition was completed by Jatania's investment firm, Aurea, ensuring all 116 UK stores continue trading.
  • Aurea announced the deal aims to "steer the Body Shop's revival and reclaim its global leadership" in ethical beauty.
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The Body Shop rescued from administration after deal

London, United Kingdom — 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. Soon after,

·Manila, Philippines
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The Sun broke the news in United Kingdom on Saturday, September 7, 2024.
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