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- The Body Shop International Limited - Administration
The Body Shop International Limited - Administration
The Body Shop International Limited, the UK arm of an almost 50-year-old cosmetics company, entered administration on 13 February.
German private equity firm Aurelius bought The Body Shop just three months ago, but said that “damp revenues during the crucial festive period” had pushed the “icon of eco beauty” into administration.
Anthony Wright, Geoffrey Rowley and Alastair Massey of FRP Advisory were appointed as joint administrators and are considering all options for the business.
At this point, it is unclear what will become of the company’s 200 UK shops and over 2,200 employees.
ALMA24 Limited and Aurelius have registered charges against the company.