The Body Shop Snapped Up by British Billionaire Mike Jatania
Major shake-up at The Body Shop! British entrepreneur Mike Jatania has swooped in to save the beloved ethical beauty chain from administration. Leading his investment firm Aurea, Jatania has taken charge of the retailer’s revival after sealing the deal on September 7.
Aurea’s Biggest Deal Yet
This acquisition marks Aurea’s largest transaction to date. Jatania isn’t going it alone — former Molton Brown CEO Charles Denton joins him at the helm to steer The Body Shop’s comeback.
“We’re excited to lead The Body Shop’s revival and reclaim its global leadership in the ethical beauty sector it pioneered,” said Aurea in a statement.
No Store Closures, Just Better Things Ahead
Fans of The Body Shop can breathe easy. All 113 UK stores are safe, with no plans to shutter outlets. The company reassures customers in a recent email:
“Everything you know and love about us will stay the same or, with a little help from our new owners, it’ll get even better.”
The new owners have formed The Body Shop Group Limited to run the show, with plans to soon revert to the original name, The Body Shop International Limited.
Customer Loyalty and Data Stay Secure
- Your personal data remains safe, only now managed by the new corporate entity.
- Love Your Body Club members will keep earning points, vouchers, and account updates without interruption.
The takeover is heralded as a promising fresh start for The Body Shop — a brand synonymous with ethical beauty and sustainability.
