Bodycare, the long-standing health and beauty retailer founded in 1970 on a Lancashire market stall, is facing imminent collapse. With 149 stores across the UK and approximately 1,500 jobs at stake, the company's future hangs in the balance as restructuring specialists race to secure a rescue deal.
The business, owned by Baaj Capital, a family office led by Jas Singh, has been working with insolvency firm Interpath for several months. According to Sky News, Bodycare could enter administration as early as next week if a buyer is not found.
