The Body Shop Faces Job Cuts as Administrators Take Over 🛑
Thousands of jobs at The Body Shop are at risk after the company appointed administrators. With over 200 stores across the UK, the future of the cosmetics retailer remains uncertain.
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The Body Shop has hired administrators, putting thousands of jobs at the cosmetics chain at risk.<br />The retailer, which runs more than 200 shops across the UK, has appointed insolvency experts from FRP Advisory to oversee the process. FRP said 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.<br /> The chain will continue to trade through stores and online during the administration process.
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Published
Feb 13, 2024
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