Hand-made cosmetics retailer Lush has been plunged into a legal dispute with a business set up by its former chief executive Andrew Gerrie over the sale of Gerrie’s stake in Lush.
Silverwood Brands - a special-purpose acquisition company set up last year that lists Gerrie as a director - announced in December that it had acquired a 19.8% stake in Lush - which has 106 UKshops and 937 in total - from Gerrie and his wife Alison Hawksley for £216.8 million.
