The news is confirmed. L'Oréal is looking to sell The Body Shop, admitting it wasn't the success it had hoped for
L’Oréal has confirmed it is selling The Body Shop, just over a decade after it shelled out £652m to buy it.
In the company's 2016 annual result statement released last Thursday, rumours were further validated as Jean-Paul Agon, Chairman and CEO of L'Oréal, stated: "As part of this brand portfolio optimisation, it has been decided to explore all strategic options regarding The Body Shop's ownership in order to . . .
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