Body Shop NZ Liquidation Results in 70 Job Losses, All Stores Closed
Body Shop NZ Liquidation Results in 70 Job Losses, All Stores Closed

Body Shop NZ Liquidation Results in 70 Job Losses, All Stores Closed

News summary

The Body Shop New Zealand has entered liquidation, resulting in the closure of all 16 stores and approximately 70 job losses. The liquidation process was confirmed after creditors voted for it on March 27, following a period of voluntary administration that began in January when no buyer was found for the New Zealand business. Liquidators Neale Jackson and Daniel Stoneman from Calibre Partners stated that the stores progressively closed after selling through existing stock, with the final closures occurring by February 21, 2025. A message on the retailer's website expressed gratitude to customers for their support over the years. In contrast, The Body Shop's UK operations were saved from administration in September 2024 after being acquired by investment firm Aurea Group, which also gained control of its Australian and North American assets. The Body Shop was founded in 1976 in the UK by Dame Anita Roddick, focusing on ethical beauty products.

Story Coverage
Bias Distribution
50% Right
Information Sources
daae85f0-2883-42fc-b085-888140adf30d37a048d0-d1c3-4045-a275-fea6b8818300
Left 50%
Right 50%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
1
Unrated
0
Last Updated
7 days ago
Bias Distribution
50% Right
Related News
Daily Index

Negative

24Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News