Home Business News Body Shop to close dozens more stores with hundreds more jobs lost

Body Shop to close dozens more stores with hundreds more jobs lost

by LLB staff reporter
29th Feb 24 1:25 pm

The Body Shop is set to close 75 more stores over the next six weeks with the loss of 489 jobs since the retailer went into administration this month.

Administrators from FRP Advisory said the cosmetics chain’s closure will take place over the next six weeks as part of a restructuring programme.

Tony Wright, joint administrator, said: “In taking swift action to right-size The Body Shop UK store portfolio, we have stabilised the business and are providing the best opportunity for this iconic brand to have a long-term, sustainable future.

“The UK business continues to trade in administration, and we remain fully focused on exploring all options to take the business forward.”

Leave a Comment

You may also like

CLOSE AD

Sign up to our daily news alerts

[ms-form id=1]