It’s official, the remaining 100 or so Body Shop stores in the UK will stay open after Mike Jatania’s Aurea consortium completed a deal to buy the business out of administration at the weekend. Reuters Jatania — dubbed the ‘Cosmetics King’ in Britain — will head the rescued business along with Charles denton, the ex-Molton [...]read moreAurea completes deal to buy Body Shop, UK stores to stay open
By Reuters Published Aug 29, 2024 Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation. Facebook Bath & Body Works Consumers, grappling with rising costs of living, are still cautious on spending [...]read moreBath & Body Works cuts annual sales forecast on tepid demand
Placed in receivership by the Paris Commercial Court on April 4, The Body Shop France, the French entity of British cosmetics retailer The Body Shop, was placed in compulsory liquidation on July 17. As expected, the only remaining partial takeover bid, that of Berger International, which had been revised downwards, was not accepted. The Body [...]read moreThe Body Shop France shuts down
By AFP Published Jul 17, 2024 The UK arm of cosmetics group The Body Shop is in exclusive rescue talks with investment firm Aurea, administrators brought in to save parts of the distressed company said Wednesday. The Body Shop- Facebook Body Shop International is close to a deal with the Aurea-led consortium, FRP Advisory said [...]read moreThe Body Shop edges closer to UK rescue deal
A consortium led by super-rich entrepreneur Mike Jatania is nearing a deal to buy struggling UK cosmetics retailer The Body Shop out of administration, people with knowledge of the matter have said. Reuters Jatania is hugely successful businessman with plenty of previous experience in the beauty sector and currently runs the Aurea Holding investment business [...]read moreMike Jatania consortium ‘close to’ Body Shop deal, ex-Molton Brown CEO is on board
Placed in receivership by the Paris Commercial Court on April 4, the French entity of British cosmetics retailer The Body Shop will know its fate on July 17, but the proceedings appear to be heading towards compulsory liquidation. The Body Shop France heading towards liquidation – The Body Shop- Facebook At the beginning of June, [...]read moreThe Body Shop France is said to be on the verge of compulsory liquidation
The sale of The Body Shop could be close with strong interest shown in the business but Aurelius reportedly now unlikely to buy it out of administration. The Body Shop- Facebook That’s according to Sky News, which has a good track record with this kind of story, and which said the administrators want to agree [...]read moreIs Body Shop sale imminent as Aurelius backs off?
Serial acquirer Next and retail giant M&S are both interested in taking on The Body Shop following the cancellation of its CVA plan. Reuters They’ve made early expressions of interest as the collapsed firm’s administrators prepare to launch an auction of the business. But German private equity group Aurelius, which had bought The Body Shop [...]read moreNext and M&S among those interested in Body Shop buy
The administrators of stricken beauty products chain The Body Shop are to auction the business after their hope for a CVA proved a non-starter. DR The company, which is one of the best known names on the UK high street, was a pioneer in the ethical beauty sector. But it’s now up for grabs after [...]read moreAs CVA plan falters, The Body Shop will go to auction
Ava Phillippe is using her platform to stand up for body positivity. The 24-year-old daughter of Reese Witherspoon and Ryan Phillippe took to TikTok over the weekend to vent about a pair of conflicting and equally offensive comments she recently received about her physique. Standing in front of a bathroom mirror wearing an oversized Blondie tee, Ava [...]read moreAva Phillippe Fires Back at ‘Bulls**t’ Body Shamers: ‘Toxic Behavior’