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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. Retail Gazette takes a look at how one of the sector’s most pioneering beauty retailers ended up in this position. Portas told The BBC: “L’Oreal knows how to use brands.

Shopping 118
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Wellness booms and so does the share price of pharmaceutical retailers

Inside Retail

Wellness has become a priority for people in the wake of the pandemic as evidenced by the surge in demand for health and well-being products, which is projected to reach $5.2 Priceline is another Australian pharmacy that has increased its foothold in the beauty and wellness space under the ownership of retail conglomerate Wesfarmers.

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In for a penny, in for a pound: Thailand’s Central bets big on wholesale

Inside Retail

Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.

Wholesale 130
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BREAKING: The Body Shop snapped up by Aurelius in cut-price deal

Retail Gazette

The Body Shop has been snapped up by private equity investor Aurelius Group for £207m, just a fifth of the price that Brazilian cosmetics giant Natura paid for it in 2017. The sale, which is expected to complete next month, is far below the £500m price tag that Natura was understood to be targetting.

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Why Aussie beauty brand Cinch Skin changed its approach to retail partnerships

Inside Retail

The 100 per cent all-natural, vegan and cruelty-free beauty brand caters to the growing demand for ‘clean’ beauty products amidst a broader shift of consumers shopping more sustainably. Priceline’s original wholesale order, “Well and truly covered what we had spent on product,” Moore said.

Marketing 130
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Next eyes rescue bid for The Body Shop

Retail Gazette

Next is considering a rescue bid to acquire parts of The Body Shop after the retailer’s UK operations were placed into administration earlier this month. The Body Shop owner Aurelius filed for administration of the retailer’s UK operations last week in a move to restructure the business.

Shopping 120
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BREAKING: The Body Shop to axe half of stores and 40% of head office jobs

Retail Gazette

The Body Shop administrators said it will retain “more than half” of the brand’s 198 UK stores, with seven shops set to close today. The ethical beauty chain will also axe around 40% of head office roles, to around 400 full-time staff.

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