The Body Shop files for bankruptcy in US and Canada

The-Body-Shop

The US and Canadian branches of The Body Shop have filed for bankruptcy after the retailer’s UK branch fell into administration, creating a cash shortage for most of its overseas businesses.

On Saturday The Body Shop US filed for insolvency as it stopped trading at 50 stores across the country, putting 400 jobs at risk. This includes jobs at its distribution centre which fulfils orders for all its North American operations and still holds inventory.

 

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