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British tycoon close to finalising rescue package to save The Body Shop


British tycoon close to finalising rescue package to save The Body Shop

The Body Shop filed for bankruptcy in February, resulting in the closure of 75 workshops and the loss of 489 jobs. A consortium led by British business magnate Mike Jatania has agreed to buy The Body Shop out of insolvency. The takeover of the struggling cosmetics retailer is expected to be completed in the coming […]