The Body Shop’s new European private equity owners are set to call in administrators for its UK business only weeks after the retailer changed hands in a £207m deal.
Aurelius, which also owns sportswear chain Footasylum and Lloyds Pharmacy, bought the cosmetics brand from Brazilian company Natura & Co in November and took over its operations at the beginning of the year.
The retailer, which has about 200 outlets in Britain, is poised to appoint administrators at FRP Advisory.