The Body Shop NZ in administration, all 16 stores to close

The Body Shop NZ in administration, all 16 stores to close
Body Shop NZ couldn't find a buyer. (Image: Creative Commons)
Gregor Thompson
After failing to find a buyer, cosmetic and skincare retailer The Body Shop will close its 16 New Zealand stores.Calibre Partners’ liquidation professionals Daniel Stoneman and Neale Jackson were appointed voluntary administrators to The Body Shop NZ on Wednesday.  The Body Shop NZ’s UK-based parent company was placed into administration in February 2024. Following this, the assets of The Body Shop International were mostly sold by the administrators in September. Stoneman told BusinessDesk that The Body Shop NZ was exclud...

More Retail

Card transaction data ‘much stronger than expected’:
Retail

Card transaction data ‘much stronger than expected’:

Stats NZ data shows retail spending has grown for five consecutive months.

Gregor Thompson 21 Jan 2025
Cooks Coffee continues strong sales growth
Retail

Cooks Coffee continues strong sales growth

The sales growth comes at a time of rapid expansion for the firm.

Staff reporters 21 Jan 2025
The firm cleaning up the Godfreys mess
Retail

The firm cleaning up the Godfreys mess

About Clean is eyeing growth in NZ and Australia.

Gregor Thompson 20 Jan 2025
Price shakeup for cigarette brand
Retail

Price shakeup for cigarette brand

Cigarette prices typically go up each year. Not in this case.

Oliver Lewis 16 Jan 2025