In 2024, The Body Shop’s UK business entered administration, potentially putting the jobs of up to 2,000 employees at risk. The retailer’s stores will remain open while administrators work to save the UK firm. FRP, the appointed restructuring firm, aims to explore all options to find a way forward for the business.
The Body Shop was founded in 1976 by Dame Anita Roddick from a single shop in Brighton. It grew into a global brand, focusing on ethical trading and opposing animal testing of beauty products. FRP is working to make the UK business financially stable and relevant to customers so it can compete long-term.
The administrators are expected to cut costs, including on property and rents, which may lead to job cuts. Despite the risks, it’s unlikely that The Body Shop name will disappear from Britain’s High Streets after nearly 50 years. The British business has over 200 shops, a few franchises, and its headquarters in London.
In November 2023, Aurelius purchased the brand for £207m after poor sales during the Christmas trading period. There are hopes that the brand will be restructured to better compete with brands like Lush, popular with younger shoppers.
Since its sale by founder Dame Anita in 2006, shortly before her death in 2007, The Body Shop has changed hands three times.