Mid-to-small cap focused Bridgewell noted that FTSE-250 player Body Shop met expectations at the interim, but rates the shares ‘underweight’ on valuation and concerns about its product proposition.
UK retail sales posted their biggest fall in 22 years – so says a survey from the Confederation of British Industry.
Unperturbed by the collapse of talks with Mexican nutritional products supplier Grupo Omnlife back in June, the Body Shop's management is back in discussions regarding the sale of the business. Elliott Davis reports.
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