Headline:
Description:
Another Green goes Black..........
Body Shop Retail sold to L'Oreal.....
The Body Shop retail, which has 1,900 shops worldwide has been bought by the cosmetics giant L'Oreal. Anita Roddick and her husband Gordon, who co-founded the ethical chain 30 years ago, are set to receive £130 million. The total price agreed £652.3 million will attract critics. A friend and a garage owner who ivested in the company for £4,000 30 years agao, will receive nearly £150 million from his 23 percent stake.
Body Shop Retail sold to L'Oreal.....
The Body Shop retail, which has 1,900 shops worldwide has been bought by the cosmetics giant L'Oreal. Anita Roddick and her husband Gordon, who co-founded the ethical chain 30 years ago, are set to receive £130 million. The total price agreed £652.3 million will attract critics. A friend and a garage owner who ivested in the company for £4,000 30 years agao, will receive nearly £150 million from his 23 percent stake.
Date:
17.03.2006

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