Another store about to bite the dust?

The future of the Body Shop on Mill Street, Macclesfield has been plunged into doubt after the UK cosmetics chain collapsed into administration.

Body Shop, which runs more than 200 shops across the UK, has appointed FRP Advisory to oversee the insolvency process and hopefully, lessen the impact on the thousands of jobs which are at risk.

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.

Body Shop will continue to trade through stores and online during the administration process. Administrators stressed that the process will only affect its UK business, with international franchises not impacted.

FRP said: “The Body Shop remains guided by its ambition to be a modern, dynamic beauty brand, relevant to customers and able to compete for the long term. Creating a more nimble and financially stable UK business is an important step in achieving this.

You must be logged in to post a comment Login

Leave a Reply