Next approaches administrator in potential deal for Body Shop assets

The Body Shop store exterior

Next has contacted the administrator in charge of The Body Shop, FRP Advisory, about a potential deal to acquire certain assets of the embattled retailer.

The fashion and home retailer has reportedly been monitoring The Body Shop for some time and a source close to the company confirmed it has expressed interest in a deal, according to Sky News.

Next has purchased several distressed UK businesses in recent years, including Joules, Made.com and Cath Kidston.

 

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