Nearly 500 people working in stores of the British cosmetics chain The Body Shop will be made redundant in the United Kingdom, announced the administrators of the failed company. Some 75 stores will close within 6 weeks in the country, in addition to 7 closures already announced last week. FRP Advisory, responsible for the restructuring,...
Category: Shopping
Post
Post
Huge boost for troubled town as fish and chip shop named UK’s second best
A troubled seaside town has been given a huge boost with a local fish and chip shop named the second best in Britain. The once-booming Torquay in Devon has recently been called “run down” and “ruined by crime and abandoned tourist attractions”. But things may be looking up. Pier Point in the town was one of the...
Post
The Body Shop to close 75 stores across UK and cut hundreds of jobs
The Body Shop is to close 75 stores across the UK in the next six weeks with the loss of 489 jobs, according to administrators who are overseeing the restructuring. The closures are spread across the country, from Swansea to Glasgow, and mean that nearly 800 people will lose their jobs in total when the...
Post
Shoppers name surprising supermarket as best in the UK
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email UK shoppers have crowned their favourite supermarket in a new survey, giving one food giant the top spot for the third time in a row. High-end supermarket M&S was voted the best supermarket...
Post
Shopping centre stabbing as building evacuated after man ‘knifed in the back’
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Police are hunting a knife attacker after a suspected stabbing took place in a shopping centre in east London. The victim was reportedly stabbed in the back, with...
Post
The Body Shop: What went wrong and what happens next?
High street cosmetics and skincare retailer The Body Shop is set to shut dozens of stores and cut hundreds of jobs. The company, which employs around 2,200 workers and has 198 UK stores, tumbled into administration last week in a bid to become “financially stable”. On Tuesday, the administrators said they will immediately close seven...
Post
Body Shop to cut almost 300 jobs and shut almost half of shops
The Body Shop is set to shut nearly half of its 198 UK shops after the cosmetics chain fell into administration last week. It will also cut around 270 head office jobs as part of a heavy restructuring, leaving it with around 400 workers at its London headquarters. The group also employs around 1,500 workers...
Post
The Body Shop to shut almost half of its UK stores – as seven just closed their doors for good
The Body Shop has announced it is closing nearly half of its stores in the UK – including seven on Tuesday – and cutting 40% of roles at its London headquarters. It comes after the embattled retailer entered administration last week, putting more than 2,000 jobs at risk. The Body Shop has roughly 200 outlets...
Post
What is the outlook for The Body Shop after its sudden collapse?
Last week’s announcement that the UK arm of The Body Shop was going bankrupt came as a shock in the country, where the brand was founded almost 50 years ago. Since then, the bad news has continued. Some of The Body Shop’s mainland European businesses have begun shutting down. The German stores has entered into...
Post
The Body Shop in administration: information for employees and creditors
The Body Shop International Ltd entered administration on 13 February 2024. Geoff Rowley, Alastair Massey, and Anthony Wright from FRP Advisory were appointed as joint administrators. This will be a worrying time for employees, as well as their customers and suppliers. Government will do all it can to support them. If you are an employee,...
Post
The Body Shop Appoints Administrators To Accelerate Restructuring Of UK Business
The Body Shop was founded in 1976 by Anita Roddick The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered administration, administrators said Tuesday, placing thousands of jobs at risk. The retailer has appointed experts from FRP Advisory to oversee administration — a UK...
Post
FRP Advisory selected for The Body Shop administration
Shortly after a private equity company, The Body Shop has collapsed into administration in the UK. FRP Advisory will oversee the process, with thousands of jobs reportedly at risk at the cosmetics chain. Founded in 1976 by Anita Roddick, The Body Shop International Limited, trading as The Body Shop, is a British cosmetics, skin care...