Learn more

By Ali Lyon Body Shop administrators are closing dozens of stores, despite them being profitable last year, documents have shown. Now, questions about the circumstances in which the business went into administration are starting to grow. FRP Advisory has said that it will close 82 of The Body Shop’s stores to shore up the cosmetics retailer’s finances ahead of a potential auction after The Body Shop collapsed a few weeks after private equity firm Aurelius bought it for £207m. However, a leak of documents over the weekend showed that last year just eight of The Body Shop’s 206 stores in the UK …

cuu