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Jobs At Risk

All articles tagged with #jobs at risk

business1 year ago

"The Body Shop: A Look at the UK Administration Crisis"

The Body Shop's UK business has entered administration, potentially endangering up to 2,000 jobs, as restructuring firm FRP seeks to secure the future of the retailer. The brand, founded in 1976, has faced financial challenges under past owners and has now been placed into administration after poor sales during the Christmas period. Efforts will be made to save the UK firm, with a focus on creating a more financially stable business, but job cuts and cost reductions are expected as the administrators consider all options to move the business forward.