The Body Shop

L’Oreal, the global cosmetics giant, is contemplating the sale of its The Body Shop business for around €1 billion ($1.1 billion), according to sources quoted in the Financial Times. The company is said to be considering the possibility in light of worsening operating losses at the ethical business, which are described as increasing to €22.2 million ($23.7 million) in the first half of last year from €7.2 million ($7.7 million) …