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In 2017, L'Oréal sold the Body Shop to Brazilian cosmetics company Natura for £880 million (€1 billion). [6] At the time, the company was one of the world's largest cosmetics chains, with 3,200 stores and 17,000 employees in 66 countries. [3] [28] The Body Shop received its B-Corp certification in 2019. [29]
The company that bought the company out of bankruptcy closed all 60 of its brick-and-mortar stores in July of that year. [256] The Room Store filed for bankruptcy on December 12, 2011. Throughout 2012, all Room Store locations, except those in Arizona, which included Texas and the eastern and southern United States, were closed. [257]
The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain. The Body Shop's U.S. arm ...
The Body Shop has shut down all of its US-based operations and will be closing dozens of Canadian store locations as it files for bankruptcy. In a news release earlier this month, the UK-based ...
The beauty brand, known for its sustainable and cruelty-free products, has filed for bankruptcy.
A vintage Bath & Body Works store, similar to the first locations opened, at Shenango Valley Mall. Bath & Body Works, LLC. is an American retail store chain that sells soaps, lotions, fragrances, and candles. It was founded in 1990 in New Albany, Ohio and has since expanded across six continents. [2]
On 17 March 2006, L'Oréal purchased cosmetics company The Body Shop for £562 million. [11] In May 2008, L'Oréal acquired YSL Beauté for $1.8 billion. [12] In January 2014, L'Oréal finalized the acquisition of major Chinese beauty brand Magic Holdings for $840 million. [13]
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