The Body Shop collapses into administration with 5 stores in and around Glasgow at risk
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The Body Shop has gone into administration, putting 2,000 jobs at risk across the country, with five stores in and around Glasgow.
The Body Shop filed a notice to appoint administrators late on Monday, February 12.
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Hide AdBranches of the cosmetics and beauty outlet are thought to be staying open as usual for the time being while administrators, FRP, consider options moving forward - whether this means closure or continued work under a different operator is unclear at this time.
Glasgow locations of The Body Shop include Glasgow Central Station, the St Enoch Centre, Silverburn shopping centre, Glasgow Fort and Braehead shopping centre - this amounts to 5 retail outlets in Greater Glasgow out of 200 stores UK wide.
The administrators are expected to seek buyers for the business and its assets - meaning the shops could continue under different ownership - but the process could take a while and retail outlets alongside staff could be downsized massively after being bought over.
This news comes only a few weeks after The Body Shop was bought for £207m by private equity company Aurelius.
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