In a recent turn of events, The Body Shop, an iconic brand known for its commitment to ethical practices, is set to close numerous stores across the UK. This decision, made by the administration firm FRP, will result in the unfortunate loss of almost 800 jobs, including 300 redundancies at the head office.

While this news is disheartening, it’s important to note that 116 stores are expected to remain open amidst these changes, as part of the restructuring exclusively impacting the company’s UK operations. The administrators, FRP, initially outlined plans to retain over half of Body Shop stores, but later announced the closure of an additional 75 stores over the next four to six weeks.

The Body Shop, with over 2,200 employees in the UK, sought administration this month, shortly after being acquired by the restructuring company Aurelius in November. Joint administrator Tony Wright expressed the urgency of the situation, stating, “In taking swift action to right-size the Body Shop UK store portfolio, we have stabilized the business and are providing the best opportunity for this iconic brand to have a long-term, sustainable future.”

As the UK business continues to trade in administration, Aurelius emerges as the main creditor, ensuring its secured debt is prioritized for payment. Speculations arise that Aurelius may reclaim ownership of the chain following the closures and job cuts.