The Body Shop Canada sells majority of its business, 100 workers to lose jobs

The Body Shop Canada sells majority of its business, 100 workers to lose jobs


The private equity firm is led by the co-founder of Yogen Fruz and has invested in automotive, real estate and fast-food businesses including St. Louis Bar and Grill, Second Cup and Swensen's. It has not responded to requests for comment.


The Body Shop Canada will be a new kind of foray for the firm, which lawyers told Osborne is "sophisticated" and well-positioned to take on a beleaguered retailer.


The Body Shop Canada started shopping itself around in July. It filed for creditor protection in March, when it closed 33 stores and blamed its parent company for stripping it of cash and pushing it into debt.


Comments

Post a Comment

Popular posts from this blog

BEST VISA IMMIGRATION CONSULTANTS

Image
                                                                                                                                                                                                                                                          ...
Read more

VJC OVERSEAS

Image
                                                                                                                                                                                                                           At VJC Overseas , we feel that your international journey deserves the best guidance. We simplify the complex process with our ...
Read more

Best Visa Immigration Consultants In Hyderabad For Study and PR Visas

Image
   Best Visa Immigration Consultants In Hyderabad For Study and PR Visas VJC Overseas is one of the most trusted immigration consulting services with offices in both Hyderabad and Bangalore. With over 15 years of experience, we have been able to achieve more than a thousand cases of making people's living, studying, and working abroad possible. A study visa is a legal document issued by a country, permitting international students to enter, stay, and study at an approved institution. It is often the first step for aspiring students seeking higher education abroad.   Best Visa Immigration Consultants In Hyderabad For Study and PR Visas A PR visa enables individuals to live, work, or settle in a foreign country as permanent residents. Key benefits include access to social security, healthcare, and eventually citizenship. PR visas are generally issued through specific immigration programs
Read more