- The Body Shop New Zealand has appointed voluntary administrators
- A buyer has not been found for the New Zealand business, after its UK parent went into administration last year
- Administrators are planning to sell all stock and to start winding down the business
Beauty brand The Body Shop’s New Zealand business has appointed voluntary administrators.
It comes after its UK parent company was placed into administration in February last year, with its international assets largely sold – but the sale excluded the New Zealand business.
Administrators Daniel Stoneman and Neale Jackson of Calibre Partners said a buyer has not been found for…