The Body Shop Canada sells majority of its business, 100 workers to be fired

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A woman and her dog walk by a storefront with a sign reading The Body Shop.

An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm. During a virtual hearing on Friday, a judge allowed the cosmetics retailer to proceed with a sale to an affiliate of Markham, Ont.-based Serruya Private Equity Inc.

source https://www.cbc.ca/news/canada/toronto/body-shop-canada-private-equity-firm-1.7410579?cmp=rss

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