Select Fashion on verge of collapse as it shuts UK stores – reports Retail Retailer Select Fashion is reportedly on the verge of collapse as the struggling chain nears the closure of 35 shops across the UK. The group has drafted in advisers to oversee a process of liquidation, according to documents seen by the Sun. It comes as it is believed the chain will have shut 35 shops [...]
Remaining 116 Body Shop stores rescued by acquisition deal Business The Body Shop has been rescued from administration by a consortium led by British tycoon Mike Jatania, with remaining stores to continue trading. Jatania’s investment firm Aurea announced the completion of the acquisition on Saturday, with Jatania and Charles Denton, former chief executive of beauty brand Molton Brown, to head the new leadership team. In [...]
Next silent on reports it is eyeing The Body Shop Retail Next has reportedly been weighing up buying parts of The Body Shop after the high street cosmetics chain fell into administration last week.
