Next weighs transfer for stricken cosmetics chain The Body Shop
Next has approached directors to The Body Shop a couple of potential deal to buy components of the stricken cosmetics chain.Sky News has learnt that executives from the UK style retailing large have contacted FRP Advisory to specific an curiosity in buying property as a part of any sale course of it decides to launch.
There have been doubts this weekend, nonetheless, that FRP, which was appointed to deal with the insolvency of The Body Shop within the UK earlier this month, would elect to run a standard public sale, with one supply suggesting that contact between FRP and Next had already stalled.Read extra: The Body Shop UK in administration - what went improper?Next is known to have been monitoring The Body Shop for a while, however individuals near the FTSE-100 firm confirm...