Business |Beauty
The Body Shop acquired out of administration
British ethical beauty brand The Body Shop has been rescued from administration by a consortium led by British tycoon Mike Jatania, safeguarding around 1,300 jobs. Jatania’s investment firm Auréa said it has secured the British retailer for an undisclosed sum, securing the brand’s 113 stores in the UK, as well as its assets in North America and...
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