The Body Shop Australia facing ‘cashflow crisis’
Inside Retail
MARCH 11, 2024
All 50 outlets were closed with 400 jobs on the line, while the Canadian business has closed 33 of its 105 stores. The brand was founded in 1976 by the late Dame Anita Roddick who sold the business to L’Oreal in 2006 for £652 million, which later onsold it to Natura in 2017 for £880 million.
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