The Body Shop Shuts Down US Operations Closes Dozens of Stores in Canada
The Body Shop, known for products it markets as natural, sustainable, ethical and cruelty-free, was founded in 1976 in the UK by human rights activist and environmental campaigner Anita Roddick. It was one of the first companies to prohibit testing on animals for many of its products. In 2019 it was certified as a “B Corp,” a designation given to companies that meet certain transparency and environmental conscientiousness standards.
The Body Shop has filed for Chapter 7 bankruptcy in the US after its UK parent filed for administration in February. In November 2023, it was acquired by the Private Equity fund Aurelius for $257M. Remember when we all used to go to the mall?
CNN: The Body Shop shuts down all US operations, closes dozens of stores in Canada