A BRITISH beauty chain has launched closing down sales at more stores just days after crashing into administration.
Bodycare, which begun as a market stall in Lancashire back in the 1970s and has 147 UK stores, appointed administrators from Interpath Advisory on Friday.
Exactly 32 stores closed with immediate effect, with around 450 employees made redundant.
However, four more stores, not originally part of this list, have now launched closing down sales.
When a company goes into administration, control is handed over to an appointed administrator.
The administrator is responsible for managing the company’s assets and operations to repay any outstanding debts to creditors.
While 115 stores continue to operate and trade as usual as administrators assess future options for the business, four additional stores have started “everything must go” sales, signalling potential further closures.
The stores in Bolton, Halifax, Harrogate, and Mold are now displaying closing down placards, promoting “at least 20% off everything.”
Store in Bolton, Halifax, Harrogate and Mold are now dressed with closing down placuards advertising “at least 20% off everything.”
It’s unclear when these stores will close but we’ve contacted Bodycare to find out.
Like many of its peers, Bodycare has felt the burn of risings cost coupled with shoppers having less money to spend at the till.
Nick Holloway, managing director at Interpath and joint administrator, said: “These remain challenging times for high street retailers as rising costs and reduced consumer spending continue to weigh heavily on trading.
“Unfortunately for Bodycare, which was also contending with a significant funding gap and increasing creditor pressure, these challenges proved too difficult to overcome.”
Once a thriving business, Bodycare – famous for offering top brands such as L’Oréal and Nivea – has been grappling with financial troubles since the pandemic.
Founded over 50 years ago at a market stall in Lancashire, the company had spent months working with advisory firm Interpath and its owners, Baaj Capital, to secure a rescue plan.
Its current owners, Baaj Capital – run by Jas Singh – recently obtained a £7million loan against the company’s stock to buy time, but efforts to stabilise the business failed.
Bodycare’s downfall adds to the growing list of struggling high street retailers.
Bodycare's 115 stores still at risk
Ashton-under-Lyne Barrow Barnsley Banbury Barrow Bedford Blackburn Blackpool Birmingham Perry Barr Bolton Bradford Bridgnorth Bridlington Bristol Bromsgrove Burnley Burton Bury Carlisle Castleford Chelmsford Chester Chesterfield Chorley Clitheroe Coventry Cwmbran Darlington Derby Doncaster Dudley Dundee Dunfermline East Kilbride Eastleigh Gateshead Glasgow Braehead Shopping Centre Glasgow Fort Greenock Grimsby Halesowen Halifax Hanley Harrogate Hartlepool Hereford Hinckley Huddersfield Hull Prospect Centre Hull North Point Shopping Centre Hyde Ilford Ipswich Irvine Keighley Kendal King’s Heath Lancaster Leeds Leicester Leigh Lichfield Liverpool Livingston Luton Manchester Mansfield Merry Hill Dudley Middlesbrough Mold Morpeth Northallerton Newark Newcastle Northampton Nuneaton Oldham Ormskirk Pontefract Poulton-Le-Fylde Preston Preston Fishergate Centre Redcar Redditch Rochdale Rotherham Romford Rugby Salford Scarborough Sheffield Sheffield Crystal Peaks Shrewsbury Skipton Solihull Southport St Helens Stevenage Stirling Sunderland Sutton Sutton Coldfield Telford Thornaby Thurrock Trowbridge Ulverston Wakefield Walsall Walthamstow Warrington Washington Wellingborough Wolverhampton WorkingtonTrouble on the high street
Recently, River Island and Poundland avoided going into administration by getting creditors to agree to restructuring plans, which included closing stores and cutting jobs.
River Island will close up to 33 stores in January to help write off the fashion brand’s debts.
Locations in major UK cities including Edinburgh, Leeds, Oxford, Brighton and Perth are all expected to close.
Poundland’s restructuring will see the chain close a total of 68 stores.
The restructure also includes rent cuts at up to 180 stores and the closure of its frozen food and online shopping.
Meanwhile, the Darton frozen food distribution centre will shut later this year.
This will mean online shopping and frozen food will no longer be offered by Poundland.
The Bilston national distribution centre is also set to close in early 2026.
Come September 16, shoppers will no longer be able to buy products online and its loyalty scheme, Poundland Perks, will be axed.
Customers who have signed up to the Poundland Perks app have until January 15, 2026, to use their reward vouchers.
But Poundland plans to expand its £1 product range and focus on womenswear and seasonal items if the restructure goes ahead.
Meanwhile, fashion retailer New Look has closed a dozen sites in the UK this year and also exited Ireland.
Last month, Claire’s also collapsed into administration and stopped online orders for its customers.
Plus, H&M-owned fashion chain Monki closed the last of its high street stores in August.
Retail pain in 2025
The British Retail Consortium has predicted that the Treasury's hike to employer NICs will cost the retail sector £2.3billion.
The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.
It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.
Professor Joshua Bamfield, director of the CRR said: “The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025.”
Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.
“By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”
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