The Body Shop faces insolvency in the United Kingdom

The UK business of The Body Shop has entered administration, which could potentially lead to the loss of up to 2,000 jobs. While the retailer's shops will continue to operate as usual, administrators from FRP have been appointed to find a way forward for the business. The Body Shop, founded by Dame Anita Roddick in 1976, became a global brand known for its ethical trading practices and opposition to animal testing. FRP aims to create a financially stable UK business that can compete in the long term by significantly reducing costs, potentially leading to job cuts. Despite the challenges the company faces, it is unlikely that The Body Shop will completely disappear from British High Streets. Aurelius, the private equity firm that purchased the brand in November, made the decision to place it into administration following poor sales over the Christmas period. There is hope that the restructuring will enable The Body Shop to better compete with brands like Lush, which are popular among younger shoppers. This marks the brand's third change in ownership since Dame Anita sold it in 2006, shortly before her passing.