The Body Shop was founded in 1976 by Anita Roddick
The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered administration, administrators said Tuesday, placing thousands of jobs at risk.
The retailer has appointed experts from FRP Advisory to oversee administration — a UK process where financial experts are drafted in to try and save parts of a firm.
“Today, the directors of The Body Shop International Limited have appointed Tony Wright, Geoff Rowley, and Alastair Massey of FRP as joint administrators of the company, which operates The Body Shop’s UK business,” said an FRP statement.
“Taking this approach provides the stability, flexibility and security to find…
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