In 2024, it is one of the highest profile examples to date of a retailer filing for bankruptcy, so staff, retail commentators and landlords will be eagerly awaiting what the future holds for The Body Shop in the UK. Founded in 1974, the chain, known for its cruelty-free and ethically sourced beauty products, is said […]
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 […]
The Body Shop will keep 116 stores open in the UK. (DANIEL LEAL via Getty Images) The Body Shop will close 75 stores in the UK and cut 489 jobs in the coming weeks, just weeks after the company filed for bankruptcy. The stores will be closed “gradually” over the next four to six weeks, […]
The Body Shop will close almost half of its 198 stores across the UK after the company filed for bankruptcy last week. As part of a comprehensive restructuring, the cosmetics chain also plans to cut around 270 jobs at its headquarters. On Tuesday, it was announced that half of The Body Shop’s stores will be […]
The Body Shop has begun announcing the closure of several stores across the UK following its bankruptcy proceedings last week. The cosmetics and skincare brand is currently restructuring its UK operations to be more financially stable. As a result, seven Body Shop stores have been closed so far and more are expected to follow. More […]
