The Body Shop’s suppliers, including small charities, local councils and cosmetics manufacturers, are to receive no more than about a quarter of the £219m owed to them when the ethical beauty retailer fell into administration, a report has said.
The retailer, founded by Anita Roddick in 1976, now operates about 113 UK stores after it was rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in September last year, saving 1,300 jobs.
