Back
News

Body Shop to appoint administrators

The Body Shop’s new European private equity owners are set to call in administrators for its UK business only weeks after the retailer changed hands in a £207m deal.

Aurelius, which also owns sportswear chain Footasylum and Lloyds Pharmacy, bought the cosmetics brand from Brazilian company Natura & Co in November and took over its operations at the beginning of the year.

The retailer, which has about 200 outlets in Britain, is poised to appoint administrators at FRP Advisory.

The FT (£)
The Guardian

Up next…