Bidders ready to put forward initial offers for beauty chain include private equity firms and a South Korean conglomerate
The Body Shop could be one step closer to separating from L’Oréal this week as bidders for the ethical beauty chain put forward their initial offers.
The chain has more than 3,000 stores in 66 countries, and sales and profits have come under pressure amid rising competition and an unhappy alliance between two very different brands.
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