Home » Chain – “The Body Shop” files for bankruptcy for its branches in Great Britain

Chain – “The Body Shop” files for bankruptcy for its branches in Great Britain

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Chain – “The Body Shop” files for bankruptcy for its branches in Great Britain

The cosmetics chain “The Body Shop” has filed for bankruptcy. (epa Kiyoshi Ota / dpa / epa Kiyoshi Ota)

The FRP law firm will lead the insolvency proceedings and restructuring, the company said. The aim is to “revive this iconic brand”.

The Body Shop has around 200 stores in the UK. Business in other countries is initially not affected. The cosmetics chain is also represented in Germany. In total there are branches in 89 markets with around 7,000 employees; Headquarters are London.

“The Body Shop” was founded in 1976 by Anita Roddick in Brighton, England. The animal rights activist sold “ethically justifiable and nature-based ingredients from all over the world, in packaging that had no frills and was easy to refill,” as it says on the company’s website. The first store was already decorated in the brand color dark green.

In 2006 the chain was taken over by the French company L’Oréal. In 2017, the company went to the Brazilian competitor Natura Cosméticos, and then to the German investment fund Aurelius in 2023.

This message was sent on February 14, 2024 on the Deutschlandfunk program.

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