The Body Shop soon for sale

Publication

24 March 2017 à 15h12

Updated on 10 May 2019 à 17h56

Reading time

1 minute

Publication: 24 March 2017 à 15h12, Updated on 10 May 2019 à 17h56

Reading time: 1 minute

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Publication

24 March 2017 à 15h12

Updated on 10 May 2019 à 17h56

Reading time

1 minute

Publication: 24 March 2017 à 15h12, Updated on 10 May 2019 à 17h56

Reading time: 1 minute

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The L’Oréal Group (sales of € 25.8 billion in 2016 up by 2.3%) plans to sell The Body Shop (3,000 stores in 66 countries).

The value of the firm acquired in 2006 for €970 million would be close to €1 billion. In 2016, its sales fell by 5% to €921 million, reduced by downturns in Saudi Arabia and Hong Kong, while the operating margin fell by 38%. Founded in 1976, The Body Shop was a pioneer in terms of natural and sustainable cosmetics but it has now been caught up by many rivals such as...

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