In-house designers and external groups will not be affected by L’Oréal’s takeover of The Body Shop, the retailer claimed today, with no consolidation of teams planned.
According to a Body Shop spokeswoman, the takeover will have ‘no impact’. ‘It’s business as usual,’ she maintains. ‘We will be separate entities, an individual brand, just owned by different people.’
L’Oréal acquired the ethical retailer for £652m last week.