Body Shop administrator to launch auction of stricken chain
FRP Advisory is to begin engaging with potential buyers of The Body Shop after concluding that a CVA to restructure the business was not viable, Sky News learns.
Source: sky.com
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2023 Top 100: Brazil's Beauty Giant Natura Faces Headwinds Amidst Divestitures
After offloading Aēsop and The Body Shop, Natura’s sales fell 8.5 percent.
Source: yahoo.com
Natura & Co. Is One of Top 100 Beauty Companies 2023
Natura & Co. is one of the top 100 beauty companies of 2023.
Source: wwd.com
SSE reacquires contracting firm from private equity group
Energy giant had sold the business three years ago for £27.5m
Source: thebusinessdesk.com
Body Shop administrators plot CVA as route to rescue deal
Insolvency practitioners are drawing up plans for a CVA to help salvage the chain’s future, according to a report seen by Sky News which lays bare the depths of its financial problems prior to its sale late last year.
Source: sky.com