The Body Shop administration updates — Hundreds of shops at risk of closing and jobs on line just months after takeover

HUNDREDS of jobs have been put at risk as the UK arm of Body Shop has entered administration.

FRP Advisory has been brought in to restructure the beauty and cosmetics company, which has around 200 stores across the UK.

Up to 100 stores could be set to close, Sky News reports.

A Body Shop statement said: “Administrators will now consider all options to find a way forward for the business and will update creditors and employees in due course”.

The brand will continue to trade during administration, but hopes it will “provide the stability, flexibility and security to find the best means of securing the future of The Body Shop and revitalising this iconic British brand.”

Follow our live blog below for the latest news and updates

   

Advertisements