Three hundred jobs are to go on the London-based head workplace.
The Body Shop has introduced it’s closing half of its shops within the UK – together with seven as we speak and slicing 40% of roles at its London-based head workplace.
It comes after the embattled retailer entered administration final week, placing greater than 2,000 jobs in danger.
The Body Shop has roughly 200 shops throughout the UK.
Administrators mentioned that the model’s present portfolio is “now not viable” after “years of unprofitability”.
The seven shops closing as we speak are:
• Surrey Quays (London)
• Oxford Street Bond Street (London)
• Canary Wharf (London)
• Cheapside (London)
• Nuneaton (Warwickshire)
• Ashford Town Centre (Kent)
• Bristol Queens Road (Bristol)
Following the closures “greater than half” of the remaining 198 shops will stay open, the directors mentioned, confirming Sky News reporting.
Roughly 300 roles, equal to 40%, of head workplace jobs are to go, the announcement mentioned with numbers falling to 400 full-time workers.
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The Body Shop UK in administration – what went mistaken?
It follows the earlier sale of The Body Shop businesses in mainland Europe and elements of Asia, and to help a smaller business.
According to the latest firm accounts, The Body Shop had 927 administrative workers and 1,641 retailer staff in 2022.
No timeline for potential sackings and extra closures was given on Tuesday.
The Body Shop ambassador programme, the place people promote merchandise for a fee, can be being closed.
As a part of the restructuring there can be a “renewed focus” on merchandise, on-line gross sales channels and wholesale.
The model’s international franchise companions will not be impacted with this portion of the business mentioned to be “central” to The Body Shop’s long-term worldwide technique.
