Overview
- Interpath Advisory said it has handed Bodycare to a new owner with a clear plan to restart operations.
- The agreement covers the brand and intellectual property, and the financial terms were not disclosed.
- An initial phase aims to reopen roughly 30 to 50 stores early next year, with several hundred former employees expected to return.
- The relaunch plan involves working with landlords, suppliers and former staff to create a responsible, lower-cost model for affordable personal care retailing.
- Bodycare entered administration on September 5 following widespread closures and redundancies, with reports differing between 32 shops and about 450 job losses or nearly 150 stores and around 444 losses.