Body Shop UK jobs and stores
at risk in race to save firm
[The Body Shop's UK business has
entered administration,
potentially putting up to 2,000 jobs at risk.
The retailer's shops will remain open as usual
while efforts are made to try to save the UK firm.
Restructuring firm FRP,
which has been appointed as the administrator,
said it would now consider all options
to find a way forward for the business.
The Body Shop was started by the
late Dame Anita Roddick in 1976 from
a single shop in Brighton.
It grew into a global brand,
pioneering ethical trading and a stance against
testing beauty products on animals.
FRP Advisory said creating
"a more nimble and financially stable UK business"
was an important step in it becoming
a modern beauty brand
"relevant to customers and able
to compete for the long term".
The administrators are expected to
try to substantially cut costs,
including on property and rents
which could lead to job cuts.]
https://www.bbc.co.uk/news/business-68273424