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Wealthy Briton on the verge of finalizing purchase of The Body Shop from administration

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July 17, 2024
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Administrators have announced that a deal to purchase The Body Shop has moved closer to being finalized. The high street cosmetics chain entered administration in February, resulting in the closure of 75 shops and the loss of 489 jobs. According to reports, a team led by former Molton Brown chief executive Charles Denton is now in place to complete a rescue takeover deal. The decision follows an…

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