The owner of the Body Shop is exploring a potential sale of the skincare and cosmetics retailer.
Natura & Co, the Brazilian beauty conglomerate that owns the Avon and Natura brands, said its board had authorised management to explore “strategic alternatives” for the Body Shop, which has 205 stores in the UK.
Those alternatives “may include a potential sale” of the business, which has about 2,300 points of sale across 90 countries, the regulatory filing said.