There seem to be two different ways of understanding the collapse of #TheBodyShop into administration (not just in the UK) only a couple of months after a #privateequity deal to 'save' the #business.
It could be a startlingly lack of due diligence & PE hubris, which has led to an emergency action to stem losses.... or:
(perhaps more likely) its a a raid on the residual #IntellectualProperty at the heart of the business; essentially a virtual asset stripping.
Der britische Naturkosmetikhändler The Body Shop befindet sich offenbar in einer tiefen Krise. Fast 50 Jahre nach ihrer Gründung steht die Kette wohl kurz davor, in Großbritannien Insolvenz anzumelden.
Fantastic news that the #TheBodyShop is now 100% #vegan certified (by The UK #VeganSociety). Just like Vegan Australia's own 'Vegan Australia Certified' standard every raw material, in every product, including supplier and manufacturer information has to pass a meticulous assessment to be able to use the certified vegan symbol.
Vegan branding means that consumers - who increasingly want cruelty-free can shop with confidence.
For our friends in the Southern hemisphere contact any of us at Vegan Australia, at any time, to find out more about the Vegan Australia Certified scheme!