the body shop global travel retail limited

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The Body Shop Global Travel Retail Ltd.

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• HS 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
• HS 34 - Soap, organic surface-active agents; washing, lubricating, polishing or scouring preparations; artificial or prepared waxes, candles and similar articles, modelling pastes, dental waxes and dental preparations with a basis of plaster
• HS 39 - Plastics and articles thereof
• HS 48 - Paper and paperboard; articles of paper pulp, of paper or paperboard
• HS 49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans

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THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED 07400078

The Body Shop

• HEAD OFFICE
• WORKING AT THE BODY SHOP
• Head Office Roles
• Store Roles
• Dansk (Danmark)
• Deutsch (Deutschland)
• English (United Kingdom)
• English (United States)
• Español (España)
• Français (France)
• Nederlands (Nederland)
• Português (Brasil)
• Svenska (Konungariket Sverige)

ABOUT US: OUR COMPANY

The Body Shop was founded in 1976 by Dame Anita Roddick in Brighton, England. It all started as a small shop providing quality skincare products in refilled bottles and with the belief that business could be a force for good and the world - our source of beauty. Since then The Body Shop has become a global retail business serving over 30 million customers worldwide, employs 10,000 people with a further 12,000 in our franchise team, and operates in around 3,000 stores in more than 70 countries. We have exported innovative products, campaigns that matter and an ethical approach to business all over the globe. We couldn’t have done any of this without our inspirational people and their commercial instincts.

WHAT WE STAND FOR

We create naturally-inspired beauty products from sustainably sourced ingredients from all around the world. We always stand up and campaign for what's right. ‘Our mission is to be a business that is a force for good’.

WHAT THIS ALL MEANS FOR YOU

Our employees are fully engaged with who we are and what we stand for. They are volunteering in their local communities individually or as teams, and often campaigning with us.

Want to join us and be part of something good?

ENRICH OUR PEOPLE

We commit to continue our Community Trade programme (something we pioneered 30 years ago), we campaign for what's right, we give economically vulnerable people access to work and we nourish our employees' personal development.

Find out more about our targets  here  and learn why they are important.

ENRICH OUR PLANET

Our Bio-Bridges create corridors of biodiversity, they connect and protect areas of damaged forest to save animals and plants from extinction and give communities a sustainable future.

ENRICH OUR PRODUCTS

We commit to ensure that 100% of our products are fully traceable and sustainably sourced, reduce the environmental footprint of all our product categories every year and develop an innovative pipeline that delivers pioneering cosmetic ingredients from biodiversity hotspots.

Find out more about our targets  here and learn why they are important.

The Body Shop © 2018 THE BODY SHOP INTERNATIONAL LIMITED ® A REGISTERED TRADEMARK OF THE BODY SHOP INTERNATIONAL LIMITED. TM A TRADEMARK OF THE BODY SHOP INTERNATIONAL LIMITED. ALL RIGHTS RESERVED.

THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED

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THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED are a well established Private Limited Company who have traded for 14 years. Their business is in the Retail sale of cosmetic and toilet articles in specialised stores sector, the SIC for which is 47750. Their registered office is situated in the area of LITTLEHAMPTON.

Their legal country of registration is United Kingdom. Private Limited Companys are required to file accounts on a regular basis and their last set of accounts was made up until 31/12/2020. THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED are next due to file for year 2024 by the 30/09/2022

Their status at Companies House is Active which means they are most likely to be trading. Their unique company number is 07400078. Their legal form is that of a Private Limited Company

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is the longest serving director having been a member of the board of THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED for 0 years

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THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED

Company number 07400078

• Company Overview for THE BODY SHOP GLOBAL TRAVEL RETAIL LIMITED (07400078)
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WHERE TO FIND US

The body shop is present in more than 80 countries, with around 2,500 stores.we are a b corp certified global beauty brand and the first with 100% vegan product formulations certified by the vegan society., visit the body shop stores in the following locations, asia & oceania.

• Middle East

Africa & MIddle East

• Saudi Arabia
• South Africa
• United Arab Emirates
• Canada (English)
• Canada (French)
• Hong Kong SAR, China
• Macau SAR, China
• Philippines
• Republic of Korea
• Taiwan, China
• Belgique/Belgium
• Czech Republic
• Deutschland/Germany
• España/Spain
• Netherlands
• North Macedonia
• Rebublic of Ireland
• Sverige/Sweden
• Switzerland
• United Kingdom
• Franchise Opportunities

The Body Shop offloads major portion of its European and Asian business

The Body Shop’s Interim CEO Ian Bickley exited the company earlier this month, following the completion of the brand’s sale to Aurelius Group

The Body Shop is reportedly preparing to sell off most of its business in Europe and a portion of its operations in Asia.

These include its physical and digital channels, and represent an estimated 14% of The Body Shop’s business globally.

The embattled beauty brand added that the sale will not affect its operations in the UK market.

“This further prioritises The Body Shop’s strategically important markets and Global Head Franchise Partner relationships, which it will look for opportunities to build,” The Body Shop said in a statement.

“The Body Shop will also focus on more effectively reaching customers by strengthening digital platforms, developing new sales channels, and via differentiated retail experiences.”

The spokesperson added that sale of its European and Asian businesses will allow it to bolster its operations in other key markets.

“The ambition is to create a modern and dynamic beauty brand, relevant to customers and able to compete for the long term,” the spokesperson added.

“The Body Shop must continue to create exceptional products, re-discover its unique voice, and deliver financial stability.”

It comes after The Body Shop’s Interim CEO, Ian Bickley, exited the company this month following the completion of the brand’s sale to private equity firm Aurelius Group.

Bickley was a board member of former owner Natura & Co, and had stepped into the role in April 2023.

He was tasked with stabilising the embattled beauty brand.

The British beauty heritage said he has successfully steered the business through the sale process, and now that it has been completed leadership is being handed over to Aurelius.

Natura & Co put the The Body Shop up for sale in September 2023, with investor Aurelius Group snapping it up for £207m two months later.

This was just a fifth of the price the Brazilian cosmetics giant paid for it in 2017, and came after multiple consecutive quarters of losses for The Body Shop.

• The Body Shop

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The Body Shop files intention to appoint administrators

Process likely to lead to job losses and store closures, and threaten source of sales for global network of small farmers and producers

• ‘Scent of a generation’: Body Shop products consumers loved

When Anita Roddick sold The Body Shop in 2006 , she left behind not just a thriving cosmetics and skincare empire but living proof that a business could follow strict ethical guidelines and still make healthy profits.

But on Monday, the private equity-owned company filed the intention to appoint administrators.

The process is likely to cause dozens of shop closures, putting jobs at risk and threatening a crucial source of sales for a global network of small farmers and producers.

Such a fate seemed impossible when L’Oréal agreed to pay £652m for the business, a deal in which Roddick – along with husband and business partner, Gordon – relinquished control only 18 months before her death .

The decision to sell to a global corporation left many loyal customers stunned.

Roddick had opened her first shop in Brighton in 1976, expanding rapidly through a franchise model and adhering to strict moral principles.

In an industry dominated by lab-tested, synthetic products, shoppers flocked to a brand that did not just eschew corporate rapaciousness but actively campaigned against animal testing and for ethical relationships with suppliers.

The defiant challenge to corporate and social norms made Roddick one of the most recognisable figures of the 1980s.

Mark Constantine, a one-time supplier to The Body Shop who went on to found rival Lush, told the Guardian he had been “inspired and terrified” by Roddick’s combination of iron principles with whip-smart business acumen.

“She did things that nobody else had the nerve and the balls to do. I don’t think B Corps [the ethical business standard] would exist without The Body Shop,” he said.

To Constantine, not to mention customers and suppliers, the ethos of The Body Shop’s new owner, the French global corporation0 L’Oréal, was a world away from its roots.

The Body Shop was one of the pioneers of cruelty-free cosmetics but L’Oréal had taken until 1989 to cease testing its products on animals. The then new owners also changed the business model, moving production to the Philippines and focusing on discounts to drive up sales.

Nick Hoskyns has supplied The Body Shop with sesame oil from the Juan Francisco Paz Silva cooperative in Nicaragua for more than 25 years. He said L’Oréal did at least try to maintain the brand’s principles, having paid top dollar for them.

“But you can’t say that it was ever the same,” he said. “There was that radical activism that Anita and Gordon brought. Once it becomes more commercial, that changes.”

For some years after the L’Oréal takeover, though, the brand and the business operation held firm.

The scent and feel of famed products such as white musk and body butter – continued to prove irresistible to ordinary customers and those in the beauty industry, such as the model Lily Cole.

When the business was sold again, in 2017, it remained solidly profitable, with sales growing worldwide via a network of more than 3,000 stores.

L’Oréal made a notional return on its investment, even factoring in inflation, extracting a fee of £880m from the Brazilian buyer Natura.

The São Paulo-based firm specialised in “direct sales”, relying on distribution of its makeup and skincare products via independent sales representatives. It would go on to buy perhaps the best-known exponent of this model, Avon, in 2020.

The Body Shop was a very different beast, with its costly high street stores and its high-quality ingredients sourced from a network of small producers. It began to buckle under the weight of changing economic conditions affecting the high street.

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Sales declined in the important US market, while inflation drove up costs and constrained customers’ spending power. Natura’s efforts to pull the business out of its slump failed to bear fruit.

Turnover in 2022 dropped from £487m to £408m, flipping a £10m profit into a £71m loss. By autumn last year, Natura was casting around for a buyer.

The German private equity firm Aurelius stepped in, appearing to capitalise on Natura’s desperation by snapping up the business for £207m, less than a quarter of what Natura paid six years earlier.

If the deal looked too good to be true, one source familiar with the takeover said, that’s because it was.

Natura’s eagerness for a quick sale might have meant a lower headline price tag but it also made for a much shorter than usual process of due diligence, the comprehensive process that companies considering a takeover use to kick the tyres before buying the car.

Aurelius, which specialises in turning around failing businesses, ran the rule over The Body Shop for only five weeks. In that time, it failed to identify that it was dangerously low on working capital, the cash a business needs to fund day-to-day operations.

Christmas and January sales failed to come to the rescue, proving lower than hoped.

Whatever future The Body Shop has will be thrashed out under the oversight of an administrator, with the accounting firm FRP Advisory set to be appointed within days.

The Body Shop employs more than 2,000 people in the UK, has more than 200 UK and Ireland shops, compared with about 100 at Lush and even fewer at L’Occitane.

Asked whether Lush would want to take on any of those sites, Constantine said that was unlikely. He expects The Body Shop’s store network to shrink by about half. “It’s horrific from the point of view of jobs,” he said.

Hoskyns was en route from Nicaragua to Germany to a conference of other small fair trade suppliers, many of whom now face significant uncertainty as a big customer teeters on the brink. He thinks the company’s decline is a cautionary tale.

“Activist fair trade companies aren’t safe in the hands of commercial people,” he said. “I hope a solution can be found. Capitalism has to show it can come up with the goods.”

• Retail industry
• Ethical business
• Private equity
• Anita Roddick

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