Overview

• Sky News reports the health and beauty chain could appoint Interpath Advisory as administrators as soon as Friday, with Interpath declining comment and Baaj Capital approached for response.
• Any appointment is expected to trigger efforts to sell parts of the business or find buyers for assets, with owner Baaj Capital, led by Jas Singh, cited as a possible bidder.
• Bodycare recently secured a £7m inventory-backed debt facility as short-term funding, signaling deepening financial strain after losses in the post-pandemic years.
• The retailer’s website has been taken offline with a ‘shop closed’ message and regional outlets have observed stock-clearance signs at some stores.
• Founded in 1970 and run by retail veteran Tony Brown, the chain’s difficulties reflect wider pressures on UK retailers, with recent restructurings reported at River Island and Poundland.