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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.

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The Body Shop UK Enters Administration

Retail TouchPoints

The UK arm of the The Body Shop has entered administration, the British version of bankruptcy protection, according to Reuters and other media reports, but it will continue to operate online and via its 199 UK brick-and-mortar stores for the time being. At press time The Body Shop had not replied to a request for comment.

Shopping 209
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Natura & Co sells The Body Shop to Aurelius for US$259 million

Inside Retail

Beauty brand The Body Shop has been acquired by pan-European alternative investment firm Aurelius from Natura & Co for £207 million (US$258.69 The Body Shop has over 900 company-owned stores across 20 countries and has partnerships with franchisees operating 1600 stores in additional 69 geographies.

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Kidder Matthews Brokers Sale of 139,064-Square-Foot Shopping Center in Pocatello, Idaho

Shopping Center

Pocatello, Idaho — Kidder Matthews has brokered the sale of Pocatello Square, a 138,064-square-foot shopping center located in Pocatello.

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Forever New signs three-store deal in Kuwait

Inside Retail

Founded in Melbourne in 2006, the brand is known for its wearable and timeless collections that celebrate modern femininity, with over 400 retail and concession stores globally and over 30 million visitors to its websites each year. The collaboration will also expand Forever New’s online presence to 6thStreet.com in the UAE.

Apparel 264
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How Acoustic Solutions Can Enhance In-Person Shopping Experiences

Retail TouchPoints

It’s no secret that in-person shopping is a multi-sensory experience. While most know that it’s important to make a store visually appealing, including proper lighting and designing an interior layout that’s easy to navigate, many often forget the other senses that play a key role in the overall shopping experience — like sound.

Shopping 264
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The Body Shop: What went wrong for the pioneering beauty chain?

Retail Gazette

The Body Shop owner Aurelius called in administrators for the retailer’s UK operations on Tuesday, just weeks after snapping up the business. They lost that feeling one got when buying a Body Shop product – that you were helping to change the world.” Portas told The BBC: “L’Oreal knows how to use brands.

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