PARIS — The Body Shop has signed an agreement with an international family office to sell most of its business in mainland Europe and in parts of Asia.
Financial terms of the deal, which includes both physical and digital operations, were not disclosed.
The part of the activity effected equals to about 14 percent of The Body Shop’s business worldwide.
The sale does not impact its global head franchise partners, which operate on a country or territory level, but some sub-franchise partners are to be included in the sale.
In a third-quarter 2023 sales…
