Once pioneering Body Shop UK collapses into administration [Yahoo! Finance]
Natura &Co Holding S.A. American Depositary Shares (NTCO)
Company Research
Source: Yahoo! Finance
Founded in Brighton, England in 1976 by late environmentalist and human rights activist Anita Roddick, the Body Shop was famous for promoting natural, ethically-sourced products and rejecting animal testing. The retailer was one of the most popular on the British high street in the 1980s and 90s, but it has faced greater competition from newcomers in recent years, including from those also touting ethical credentials. It currently trades from 199 UK stores and online. FRP, the business advisory firm appointed as administrator, said on Tuesday it would continue to trade the Body Shop's UK operation, while it considered all options to find a way forward for the business. Going into administration, a form of creditor protection, can lead to a sale of the business or the closure of stores. The Body Shop was bought by L'Oreal in 2006, before changing hands again in 2017 when the French cosmetics giant sold it to Brazilian cosmetics maker Natura&Co for 1 billion euros. But after
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NTCO
News
- Body Shop's UK Business Slides Into Bankruptcy [Barron's]Barrons
- UK beauty chain The Body Shop goes into administration after years of struggles [Financial Post (Toronto, Ontario, Canada)]Financial Post
- UK beauty chain The Body Shop goes into administration after years of struggles [Yahoo! Finance]Yahoo! Finance
- Body Shop's UK Arm Falls Into Administration: Statement [Barron's]Barrons
- British arm of the Body Shop collapses into administration [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
NTCO
Sec Filings
- 2/6/24 - Form 6-K
- 2/5/24 - Form SC
- 1/30/24 - Form 25
- NTCO's page on the SEC website