The Body Shop has reached an agreement to acquire the assets of Adidem Pty Limited, the company operating The Body Shop Australia since 1983. This acquisition will move the fifth biggest The Body Shop market’s retail sales from a franchise operation to a company-owned market.
Founded in 1976 in Littlehampton, England, The Body Shop is part of the L’Oréal Group since 2006 and now operates more than 3,000 points of sale in 66 countries.
