The Body Shop: What went wrong and what happens next?
by Henry Saker-Clark
Feb 13, 2024
3 minutes
High street cosmetics and skincare retailer The Body Shop tumbled into administration on Tuesday amid weaker customer demand.
The announcement threatens the future of the brand in the UK, its more than 200 shops and thousands of workers.
Administrators said the restructuring is to create “a more nimble and financially stable UK business”.
However, it is a damning blow for the retailer’s workers and passionate customer base.
Here the PA news agency looks at what led to the firm’s collapse and what the administration might mean:
– What
You’re reading a preview, subscribe to read more.
Start your free 30 days