Tag

Ethical Trading

All articles tagged with #ethical trading

business1 year ago

"The Rise and Fall of The Body Shop: A Trailblazing Chain's Demise"

The Body Shop, once a trailblazer in ethical trading and cruelty-free beauty, is facing a crisis as its UK side is placed into administration due to poor sales and working capital issues. The brand, which was once a mecca for natural and sustainable products, has struggled to evolve and compete with newer rivals in the beauty industry such as Lush and Rituals. The company's frequent changes in ownership and failure to adapt to changing consumer preferences have contributed to its decline, leading to potential store closures and job losses.