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Is Subsequent poised to comb up The Physique Store?

GLMTY by GLMTY
February 29, 2024
in Beauty

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THE WHAT? Subsequent is rumored to be in talks to amass The Physique Store after new proprietor, Aurelius, introduced that the UK chain could be positioned in administration.

THE DETAILS In keeping with a report printed by Sky Information, the excessive road vogue and residential ware chain has contacted directors, FRP Advisory, to precise an curiosity in buying elements of the moral magnificence chain.

Any deal wouldn’t embrace The Physique Store’s model and mental property, which aren’t a part of the administration course of, Enterprise of Style stories.

THE WHY? Just like the offers it has struck with Hole, Victoria’s Secret, Fats Face and Joules, Subsequent has change into recognized for snapping up British excessive road stalwarts which have fallen on onerous instances.

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