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

Are all Willis’ duopoly-breaking options really on the table?
Retail Analysis

Are all Willis’ duopoly-breaking options really on the table?

A survey of her external adviser's views suggests not.

My Food Bag CEO signals 'return to growth'
Retail

My Food Bag CEO signals 'return to growth'

My Food Bag's chief executive, Mark Winter, says the company has "returned to growth" after strengthening its sales performance in the second half of the financial year.On Tuesday, the meal-kit delivery firm told the NZX that it expects to deliver full-year earnings in line w...

Woolworths, Foodstuffs' Quin say divestment will lift prices
Retail

Woolworths, Foodstuffs' Quin say divestment will lift prices

An academic says claims that customers benefit from scale are overstated.

Gregor Thompson 31 Mar 2025
Supermarkets face break-up threat
Retail

Supermarkets face break-up threat

Forced and voluntary divestments are among potential outcomes.

Pattrick Smellie 30 Mar 2025