One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This news comes only weeks after reports that the British division of The Body Shop was closing nearly half of its 198 U.K.-based stores and reducing its headcount by 40 percent....
Tag: The body shop
Post
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...