The Body Shop administrators to launch auction for the chain
The Body Shop administrators are set to launch an auction of the struggling beauty chain after plans for a company voluntary arrangement (CVA) failed, Sky News has reported.
FRP Advisory, which was appointed as an administrator to The Body Shop in February, is to formally begin the process of an auction for the chain in the coming weeks.
The news comes after FRP’s plans for a proposed CVA of the business could not be materialised.
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