High street beauty chain Bodycare to close 32 stores with 450 job losses
Bodycare's administration follows a scrapped IPO and funding shortfall, leading to strained supplier relations and permanent closure of 32 out of 147 UK stores, with 450 jobs lost.
- Bodycare, a UK health and beauty chain, will close 32 of its 147 stores and make 450 employees redundant after going into administration.
- The chain faced challenges including rising costs, reduced consumer spending, and a funding gap after aborting a planned stock market listing last year.
- The administrators aim to trade the remaining stores while exploring options for selling the business and its assets.
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Oxfordshire high street brand's future sealed as firm falls into administration
High street beauty chain Bodycare is to shut 32 of its shops across the UK after falling into administration.
Β·Oxford, United Kingdom
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High street beauty chain Bodycare closes 32 shops with 450 jobs lost
High street beauty chain Bodycare, which sells discounted toiletries, cosmetics, skincare products and fragrances, has said it will shut 32 shops
Β·County Durham, United Kingdom
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Total News Sources40
Leaning Left9Leaning Right2Center17Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 32%
C 61%
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FactualityΒ
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