10 Sep 2024 --- Cosmetics tycoon Mike Jatania rescues The Body Shop from administration, and his investment firm Auréa Group gains control of the Body Shop’s assets in Australia and North America.The consortium led by Jatania acquired the beauty brand’s 113 UK stores, which remain trading, for an undisclosed sum. It is reported that this secures the immediate future for 1,300 shops and office workers, with no immediate plans to shut any of its remaining UK stores.
