A consortium led because of the British cosmetics tycoon Mike Jatania has obtained the ethical magnificence brand's 113 UK stores which continue to be investing, for an undisclosed sum.
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The business promises its merchandise are "influenced by nature" and have components which include marula oil and sesame seed oil, sourced throughout the Community Trade program.
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Jatania’s expenditure enterprise, Auréa, is in negotiations Along with the UK cosmetic chain’s administrators around a deal. The Body Shop fell into administration in February, leading to countless position losses and much more than eighty shop closures.
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