The Body Shop collapses into administration in UK

The Body Shop collapses into administration in UK

Hundreds of jobs at risk less than three months after cosmetics chain was bought by German firm Aurelius The Body Shop has collapsed into administration in the UK, less than three months after it was taken over by a private equity company, in a move that puts hundreds of jobs at risk at the cosmetics chain. Aurelius, the German buyout company that bought The Body Shop for £207m in November, said it had been unable to revive the fortunes of …