The Body Shop to be auctioned after CVA plans fail

The Body Shop administrators are set to launch an auction of the vegan beauty chain after plans for a company voluntary arrangement (CVA) fell through.
Administrators at FRP Advisory will begin formally sounding out prospective buyers over the coming weeks, Sky News reported.
The move suggests the high stree retailer chain, which now trades from around 100 stores following a recent shop closure and redundancy programme, could find itself with a new owner.
Among the potential bidders are Next, wh