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What is the outlook for The Body Shop after its sudden collapse?



In mid-November 2023, private equity firm Aurelius announced that it had acquired British beauty brand The Body Shop from Natura &Co for GBP 207 million, just a fifth of the price Natura paid for it to L’Oréal in 2017 (EUR 1 billion). Three months later, the company has filed for bankruptcy in several countries and the outlook is unclear.

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. ....

United Kingdom , United States , City Of , Brighton And Hove , Siobhain Mcdonagh , Friedrich Trautwein , Anita Roddick , Peter Wood , Hargreaves Lansdown , Body Shop , South American , Latin American , Financial Times ,

The Body Shop's German arm falls into administration | Retail industry

Belgian arm will be put into insolvency, with more than 460 jobs at risk across two countries ....

United Kingdom , Friedrich Trautwein , White Case , Body Shop ,

Concerns for The Body Shop extend to Germany, France, Benelux

After seeking protection from creditors in the United Kingdom earlier this week, The Body Shop is now doing the same in Germany. ....

United Kingdom , Friedrich Trautwein , Body Shop ,