Like-for-likes on the up
Green cosmetics retailer Body Shop revealed like-for-like sales rose 9.7 per cent to Eu435 million (£291.8 million), for the second half to December 31.

Fourth quarter like-for-likes jumped 10.3 per cent to Eu263 million (£176.4 million). Total profit for the second half were Eu59 million (£39.6 million) for the period, representing 13.4 per cent of turnover.

However, owner L'Oréal said: 'Because of the strong seasonality of its sales, the 13.4 per cent profitability in the second half is not representative of Body Shop's profitability over the full year.'

L'Oréal chief executive Jean-Paul Agon said: 'The acquisition of Body Shop, consolidated since July 1, 2006, made a positive contribution to the growth of [group] sales and earnings in the second half. These results and the dynamism they convey inspire confidence for 2007.'

The French cosmetics giant paid£652.3 million for the ethical beauty operation last year, in a deal that made founder and environmental campaigner Dame Anita Roddick£130 million.