double-skinned crabsVietnamese crab exportergood crabexellent crab

Body Shop Indonesia Remains Unaffected by Company Restructuring

Faisal Maliki Baskoro
March 14, 2024 | 12:25 pm
SHARE
Body Shop Indonesia assures its customers that it will continue its operations amid news of the British retailer shutting down its operations in the US and Canada. (Instagram @thebodyshopindo)
Body Shop Indonesia assures its customers that it will continue its operations amid news of the British retailer shutting down its operations in the US and Canada. (Instagram @thebodyshopindo)

Jakarta. Body Shop Indonesia assures its customers that it will continue its operations amid news of the British retailer shutting down its operations in the US and Canada.

"We want to confirm that there is a restructuring happening at The Body Shop UK as part of the market adaptation strategy in the UK," wrote the official Instagram account @thebodyshopindo.

"But don’t worry, what's happening there won't affect our operations at The Body Shop Indonesia as a franchise. We remain open to serve you all," Body Shop Indonesia said.

Body Shop has been present in Indonesia since Dec. 12, 1992. The first Body Shop store opened in Pondok Indah Mall, and to date, there are over 80 outlets spread across Sumatra, Java, Bali, Kalimantan, and Sulawesi islands.

ADVERTISEMENT

The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain.

The Body Shop’s US arm ceased operations on March 1, according to a company announcement from earlier this month. And the brand’s Canadian subsidiary commenced liquidation of 33 closing stores as part of wider restructuring proceedings.

These closings arrive just weeks after the UK-based retailer appointed insolvency administrators set to consider “all options to find a way forward” after years of financial struggles.

A spokesperson for FRP, the administrators hired by The Body Shop International, told The Associated Press Monday that they have also announced plans to shutter 82 of 198 stores total in the U.K. Those closings are expected to occur over the next five weeks.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

The Latest


Special Updates 2 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 3 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 3 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 4 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 6 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED