Nationwide to Greggs: King’s honours list champions UK business leaders Business Entrepreneurs and company chiefs in tech, recruitment and banking have been recognised for their contributions to UK business in the King’s birthday honours. Microsoft UK boss Clare Barclay and ceramics founder Emma Bridgewater, dubbed the “queen of pottery”, received damehoods for services to business. Nationwide chief executive Debbie Crosbie, who led a £2.3bn takeover of [...]
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 [...]
British tycoon close to striking rescue deal to save The Body Shop RETAIL A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency.
The Body Shop: What next for high street icon as tycoon eyes rescue deal? July 11, 2024 The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.
The Body Shop might have a saviour in former Mothercare chief June 30, 2024 The former boss of Mothercare is angling to step in and turnaround The Body Shop after it fell into administration earlier this year.
Lush posts huge loss but hopes SpongeBob SquarePants and Barbie deals can turn fortunes around May 17, 2024 Lush is seeking the help of SpongeBob SquarePants and Barbie to help it boost sales and return to profit.
HMV rescuer weighs up bid for The Body Shop amid continued uncertainty March 10, 2024 The man who saved HMV is considering a bid to buy The Body Shop out of administration as uncertainty around the firm's administration continues.
New Footasylum CEO named as former boss takes role with The Body Shop owner March 4, 2024 The CEO and executive chairman of Footasylum is to step down and take on a role with Aurelius, the German private equity firm that owns the brand and The Body Shop.
The Body Shop under fire for missing millions and ‘profitable’ closures March 3, 2024 Dozens of The Body Shop stores shut despite them being profitable. Now questions have been raised about the circumstances behind the closures.
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.