The Body Shop collapses into administration
Founded in Brighton in 1976 by Dame Anita Roddick, an environmental activist, The Body Shop was widely credited for bringing ethical – or “cruelty-free” – beauty products to a mainstream audience.
Its shops can be found today in about 70 countries, with as many as 10,000 employees and 3,000 stores globally.
However, the retailer has struggled with flagging sales and increased competition from newer rivals on the high street such as Lush and Rituals in the UK.
Prior to the sale to Aurelius, it had attempted to revitalise its image by re-launching some shops as “Changemaking Workshops” which focused on the activism the brand was once known for.