The skincare and cosmetics retailer the Body Shop has been a fixture of UK high streets since the 1970s, with more than 200 stores in the UK.
But administrators are likely to be appointed with job losses and significant store closures expected, according to Sky News.
The Body Shop was founded by environmental campaigner and activist Anita Roddick in 1976 and has built its brand on ethically-traded natural ingredients featuring no animal testing.
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