Circle of relatives-owned fragrances store Bodycare plots sale | Trade Information

Posted on

A family-owned fragrances store based on a Lancashire marketplace stall greater than part a century in the past has appointed advisers to discover a sale.

Sky Information understands that Bodycare, which trades from greater than 100 retail outlets throughout the United Kingdom, is operating with Interpath Advisory on a procedure to usher in a brand new proprietor.

Town assets stated the public sale was once at an early degree, and that Bodycare was once reviewing a variety of choices for its long run.

Bodycare was once established by means of Graham and Margaret Blackledge in Skelmersdale in 1970, and sells branded merchandise made by means of the likes of L’Oreal, Nivea and Elizabeth Arden.

The chain was once winning sooner than the pandemic however misplaced tens of millions of kilos throughout the ultimate two monetary years, in line with folks just about the method.

Bodycare did obtain monetary toughen from the taxpayer within the type of trade charges aid and grants made underneath the federal government’s furlough scheme.

It additionally took out a £7.8m mortgage underneath some of the Treasury’s pandemic mortgage schemes, in line with accounts filed at Corporations Area.

Buyer footfall had partly rebounded however was once nonetheless smartly underneath pre-pandemic ranges, the accounts filed in July 2021 stated.

The sale procedure comes as Boots, the prime boulevard behemoth, may be in talks with potential patrons after being promote it by means of its New York-listed dad or mum corporate, Walgreens Boots Alliance.

Bodycare declined to touch upon Thursday.

Leave a Reply

Your email address will not be published. Required fields are marked *