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Body Shop

Body Shop is to relocate its London-based headquarters and 250 staff to a new office and laboratory in Croydon.

Body Shop is planning to expand its chain of 312 stores with up to 15 new outlets this year and 50 over the next three to five years.

Body Shop is planning to open a further 15 beauty products stores across the country this year, having appointed Savills to find suitable sites.

Body Shop International, the beauty products retailer with more than 2,000 stores in 53 countries, is to be acquired by L'Oreal of France for £652m.

Body Shop International is paying £11m for a 75% stake in its Mighty Ocean franchise in Hong Kong, in preparation for its expansion into China.

Body Shop International is planning to open more than 300 stores around the world over the next three years, and is particularly interested in the US, Europe and South America.

Body Shop is planning to open a further 50 pharmacy concessions in Ireland by next year, through its Alwywn Investments franchisee.

Body Shop is considering plans to expand its chain of four Botanicals health and beauty stores, which could lead to a network of up to 60 outlets.

Body Shop has appointed a franchise partner to open its first stores in South Africa, and has also announced the collapse of takeover talks with Omnilife of Mexico.

Body Shop International is planning a major expansion of its US cosmetics and toiletries business, which will involve new stores, an online operation and a network of commission-based agents.

Body Shop International is forming a joint venture with Softbank Venture Capital to develop a new online retailing site for cosmetics and toiletries.

Body Shop International has sold its two Littlehampton-based factories to Pac Creative of South Africa for £6.8m, in order to focus on retailing and product innovation.

Body Shop International is acquiring its German franchise operator Cosmo Trading for £7m, and plans to double the size of the operation over the next few years.