The Body Shop administration updates — Hundreds of shops at risk of closing and jobs on line just months after takeover

  • How does administration work?

    The administrator will write to your creditors and Companies House to say they’ve been appointed.

    They will try to stop the company being liquidated but if they can’t, the administrator will pay as much of the company’s debts as possible from the assets.

    The administrator has eight weeks to write a statement explaining what they plan to do.

    This must be sent to creditors, employees and Companies House and invites them to approve or amend the plans at a meeting.

  • The Body Shop's recent deal

    The Body Shop was bought by private equity firm Aurelius from former owner Natura and Co in November in a deal worth £207million.

    The cosmetics group said it was looking to shift its focus away from the UK market and towards South America.

    New owners Aurelius, a private equity group which also owns Lloyds Pharmacy and Footasylum, also confirmed that it sold off most of The Body Shop business in mainland Europe and parts of Asia last month.

  • Will shops continue to trade?

    The Body Shop will continue to trade, with shops and the online site remaining open and making sales.

    Administrators FRP said said the move to place the retailer in administration “provides the stability, flexibility and security to find the best means of securing the future” of the chain.

  • Not the first high-street collapse

    A number of retailers have crashed into administration last year, including Cath Kidston, Paperchase and major discounter Wilko.

    But Wilko has since returned to the high street under The Range's ownership, and Wilko branded items are being stocked in The Range stores.

    Wilko's fall was the biggest British retail collapse since McColl's plunged into administration in May last year.

    But the cornershop chain was saved from closure after Morrisons swooped in to protect 16,000 jobs.

    Paperchase collapsed into administration at the end of January last year year and all 106 stores closed for good.

  • The Body Shop enters administration just months after sale

    The Body Shop was acquired in November 2023 by private equity firm Aurelius.

    The deal was reportedly valued at £207m.

    At the time around 10,000 people worked for The Body Shop globally.

  • Inside The Body Shop

    The Body Shop is known for creating cruelty-free, environmentally friendly cosmetic products.

    It was founded in 1976 by Dame Anita Roddick and always pushed against animal testing.

    L'Oreal owned The Body Shop between 2006 and 2017 before being sold to Brazilian cosmetics group Natura.

  • The Body Shop enters administration

    Beauty and cosmetics brand The Body Shop has entered administration.

    FRP Advisory has been brought in to handle the restructuring process, with up to 100 stores set to close.

    A Body Shop statement said: "administrators will now consider all options to find a way forward for the business and will update creditors and employees in due course".