Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

The Body Shop bidders hesitate over £500m valuation
The Body Shop, Oxford Street London

The Body Shop bidders hesitate over £500m valuation

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Private equity firms interested in acquiring The Body Shop are reportedly being put off by owner Natura and Co’s high valuation.

According to Retail Week, the Brazilian company is asking for between £400-£500m to part with the health and beauty retailer.

Earlier this week it was reported that Lloyds Pharmacy owner Aurelius Group had joined Waterstones owner Elliott Advisors and private equity firm Epiris in the race to acquire the company.

It is unclear whether Bensons for Beds owner Alteri Investors is still interested in acquiring The Body Shop.

Natura put The Body Shop up for sale last month following its sale of Aesop to L’Oreal for £2bn in April.

Morgan Stanley is handling the sales process and is hoping to reach a provisional agreement by the end of October.

Previous Post
Pandora raises revenue guidance amid strong store sales

Pandora raises revenue guidance amid strong store sales

Next Post
Frasers ups stake in Boohoo to 13.4%

Frasers ups stake in Boohoo to 13.4%