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Lornamead

  • Remaining 116 Body Shop stores rescued by acquisition deal

    Business

    The Body Shop has been rescued from administration by a consortium led by British tycoon Mike Jatania, with remaining stores to continue trading. Jatania’s investment firm Aurea announced the completion of the acquisition on Saturday, with Jatania and Charles Denton, former chief executive of beauty brand Molton Brown, to head the new leadership team. In [...]

    The Body Shop was forced into administration earlier this year after being purchased by private equity firm Aurelius.

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