Tag: Shop

Aurea completes deal to buy Body Shop, UK stores to stay open

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

Fashion deflation persists says latest UK shop price inflation report

UK shop price annual inflation appears to have stabilised, staying at 0.2% in July, which is below the three-month average rate of 0.3% and is at its lowest rate since October 2021. Photo: Pixabay In fact, non-food categories remained in deflation with a July dip of 0.9%, the latest BRC-NielsenIQ Shop Price Index showed on [...]read moreFashion deflation persists says latest UK shop price inflation report

The Body Shop France shuts down

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

The Body Shop edges closer to UK rescue deal

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

Mike Jatania consortium ‘close to’ Body Shop deal, ex-Molton Brown CEO is on board

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

The Body Shop France is said to be on the verge of compulsory liquidation

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

John Lewis boss Ruis aims to increase shop floor staff

In a bid to improve staff visibility within its fashion department, John Lewis plans to charge third-party brands a lower rate of commission in exchange for providing more staff to work in their concessions. John Lewis The retailer’s new executive director, Peter Ruis, wants to usher in a “Selfridges-style” approach of highly attentive customer service [...]read moreJohn Lewis boss Ruis aims to increase shop floor staff

TikTok Adds Image Search for Similar Products in TikTok Shop

TikTok is determined to convert itself into an online shopping powerhouse, in order to maximize its revenue opportunities, though users still seem largely perplexed as to why they would go from watching short-form video clips to buying products in the app. Though it is making inroads, albeit slowly. According to a new report from Dash [...]read moreTikTok Adds Image Search for Similar Products in TikTok Shop

Is Body Shop sale imminent as Aurelius backs off?

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?

More than half of homebuyers don’t shop for a mortgage: LendingTree

Despite the potential for savings, more than half of all U.S. homebuyers (54%) who took out a mortgage for their most recent home purchase received only one loan offer. This indicates that a sizable portion of borrowers do not shop around for the best mortgage deal, according to new survey results from LendingTree. Twenty-two percent [...]read moreMore than half of homebuyers don’t shop for a mortgage: LendingTree