The Body Shop is set to shut nearly half of its stores across the UK.
The beauty brand recently went into administration and administrators have confirmed that they will close almost half of its 198 shops.
They will also cut around 270 head office jobs.
Seven stores closed yesterday including:
• Surrey Quays (London)
• Oxford Street Bond Street (London)
• Canary Wharf (London)
• Cheapside (London)
• Nuneaton (Warwickshire)
• Ashford Town Centre (Kent)
• Bristol Queens Road (Bristol)
Administrators for FRP Advisory said in a statement: "After years of unprofitability and following a full evaluation of The Body Shop’s UK business, the joint administrators have concluded that the current store portfolio mix is no longer viable.
"This swift action will help re-energise The Body Shop’s iconic brand and provide it with the best platform to achieve its ambition to be a modern, dynamic beauty brand that is able to return to profitability and compete for the long term."
It is not yet known when any of the Glasgow stores will shut, but we will bring you more on this as we have it.
More to follow.
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