The Body Shop has fallen into administration, putting thousands of jobs at risk. The cosmetics chain which operates over 200 shops across the UK, has called in insolvency experts from FRP Advisory to oversee the process.FRP stated that the administrators will "consider all options to find a way forward for the business" after years of financial struggles and amid a challenging backdrop for shoppers.
The chain will continue to trade through stores and online during the administration process.The Body Shop was established in 1976 by Anita Roddick and her husband Gordon as one of the first companies to promote so-called ethical consumerism, focusing on ethically produced cosmetics and skincare products.
Th news comes just weeks after new owners, European private equity firm Aurelius, took control of the business. Don't miss the latest news from around Scotland and beyond Sign up to our daily newsletter .Read more on dailyrecord.co.uk