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Jatania’s financial investment business, Auréa, is in negotiations Using the British isles cosmetic chain’s administrators around a offer. The Body Shop fell into administration in February, leading to many hundreds of career losses and over 80 shop closures.

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The Body Shop is poised to welcome its third owner in under a calendar year. A consortium led by Auréa gaggle entrepreneur Mike Jatania has entered into an exclusivity settlement to purchase the having difficulties attractiveness retailer from administration.

Soon after contacting several shops without any one particular prepared to help me out thankful I stopped in listed here. Assume alot of places have forgot about customer service good to find out there are actually businesses available that haven't. Thanks Gerber Collision! Jon S

Saying the offer, Auréa bunch explained it's "no fast options" to shut outlets but that it could watch the footprint of your estate around the approaching months since it attempts to handle fees.

At enough time, it was instructed that Aurelius had "grabbed by itself a bargain" and Aurelius predicted quick growth for the corporate.