Published 3 months ago

Body Shop's UK Arm Close To Bankruptcy: Report

The Body Shop, a leading cosmetics company, is set to appoint administrators, putting thousands of jobs in the UK at risk.
European private equity firm Aurelius recently took charge of The Body Shop and specializes in revamping struggling firms.
Aurelius plans to sell The Body Shop's operations in mainland Europe and parts of Asia, signaling a turnaround strategy.

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The Guardian

The Body Shop set to appoint administrators; UK hit by ‘significant long-run cost of Brexit’ – as it happened

Goldman Sachs ‘Doppelgänger’ analysis suggests UK real GDP has unperformed by 5% since 2016 vote, while Body Shop’s owners have filed the intention to appoint administrators.

3 months ago·London, United Kingdom

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CBC News

Is The Body Shop closing? Fears for future as parent company goes into administration

Just a few weeks after the U.K. arm of the beauty brand was acquired by private equity firm Aurelius Investment, the company is appointing administrators, a move that could likely lead to job losses and store closures — although the shop says stores in Canada won't be affected.

3 months ago·Canada

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NDTV

Cosmetics Company Body Shop's UK Arm Close To Bankruptcy: Report

The Body Shop, the near 50-year-old cosmetics company renowned for its ethical hair and skin products, is near bankrupt in the UK after poor Christmas trade, media has reported.

3 months ago·New Delhi, India

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