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In its March 1 announcement, The Body Shop Canada said it had filed for a notice of intention pursuant to the country's Bankruptcy and Insolvency Act “to obtain a stay” of its parent's ...
In an early 2023 report, Natura noted that The Body Shop was “(facing) headwinds” with a year-over-year decline of 13.5% in 2022, a year the company said “was far from easy” for the brand.
The Body Shop is shutting down its U.S. operations after filing for bankruptcy. The U.K.-based chain filed for Chapter 7 liquidation in New York last week, according to a court filing.
The following day, The Body Shop's Canadian division was declared insolvent; its online operations were shut down and 33 of its 105 locations were announced to be closing. The US division also filed for Chapter 11 bankruptcy and immediately ceased all operations. [71]
The Body Shop stand at New Zealand department store Farmers. The Body Shop carries a wide range of products for the body, face, hair, and home. The company claims its products are "inspired by nature" and feature ingredients such as marula oil and sesame seed oil, sourced through the Community Trade program. Products include:
insolvency register — contains information on companies who entered insolvency, bankruptcy, liquidation, administration, receivership, debt restructuring, or have been under futile execution, either of an administrative debt (by a government agency) or of a private debt (by a bailiff), for longer than an amount of time specified by law, as ...
The beauty brand, known for its sustainable and cruelty-free products, has filed for bankruptcy.
Service King was founded by Eddie Lenox in 1976. Its first location was in Dallas. [2]In 2009, the then-independently owned Service King bought the three-location D&D Collision chain in the Houston area.