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The Latest Breaking News from Aurelius

The Body Shop owed more than £276m to creditors at time of collapse

Company appeals for cut in rent as part of rescue deal as report shows total debts at ethical beauty retailer

The Guardian - UK

The Body Shop files for bankruptcy in the US and Canada

About 400 more jobs at risk as cosmetics retailer struggles to pay suppliers in Australia after UK parent’s collapse

The Guardian - UK

Popular mall retailer closing dozens of stores amid restructuring

The brand will shutter nearly half of its locations in the country following a takeover.

The Street

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The Body Shop to cut 300 head office jobs and almost half of UK stores could close

Administrators tell staff seven shops will shut immediately with more to follow as business battles to survive

The Guardian - UK

The Body Shop’s fair trade suppliers left with ‘more than $1m’ of ingredients

Vulnerable people from the Amazon to Africa say stock may never be paid for by ethical beauty chain after it called in administrators

The Guardian - UK

The Body Shop’s German arm falls into administration

Belgian arm will be put into insolvency, with more than 460 jobs at risk across two countries

The Guardian - UK

The Body Shop staff fear company will be broken up, risking 2,200 jobs

Aurelius, the German restructuring specialist, has broken up two other UK retailers

The Guardian - UK

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Body Shop's UK Business Slides Into Bankruptcy

The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.

International Business Times

The Body Shop collapses into administration in UK

More than 2,200 jobs at risk less than three months after cosmetics chain was bought by German firm Aurelius

The Guardian - UK

The Body Shop files intention to appoint administrators

Process likely to lead to job losses and store closures, and threaten source of sales for global network of small farmers and producers

The Guardian - UK

Job losses likely as The Body Shop lines up administrators

Some of chain’s 200 UK stores expected to shut following weak trading over Christmas and January

The Guardian - UK

Swindon property tech firm, TM Group, sold for £91m

Luxemburg-based private equity fund Aurelius has purchased the firm

Birmingham Post

Footasylum owner agrees to sell components distributor Distrelec for €365m

Aurelius had acquired Distrelec as a carve-out from Dätwyler Group in March 2020

Birmingham Post

Lloyds Pharmacy closures in Bristol - list of branches set to shut down

Some are set to close in the next few weeks

Bristol Post

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Chronicle Live

Full list of Lloyds Pharmacies at risk of closure including Newcastle, Sunderland and County Durham

Chemist chain has put all 1,300 of its community branches at risk of closing, weeks after announcing axe on all Sainsbury's outlets

Daily Mirror

Lloyds Pharmacy 'puts all 1,300 branches at risk of closure' in major high street blow

Its owner private equity firm Aurelius is said to have launched a strategic review of the business, which could result in its high street stores closing for good

Manchester Evening News

Bury's JD Sports sells Footasylum to German giant for £37.5m after competitions watchdog fine

JD Sports said it has 'cooperated with the CMA throughout the divestment process'

Evening Standard

JD Sports sells Footasylum for £37.5 million after watchdog probe

Retailer bought the chain in 2019 for £90 million

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The Guardian - UK

JD Sports agrees £38m sale of Footasylum after UK watchdog ruling

Deal with German asset management firm Aurelius Group follows CMA concerns

People

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