Body Shop has formally entered administration, putting 200 stores at risk.
The retailer has hired administrators from FRP Advisory to consider options.
It is understood that as many as 100 stores could be closed to bring the number of shops in line with competitors such as Lush and L’Occitane.
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Including:
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
Katy Davis named as an equity partner at the firm
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
