The Body shop is closed throughout Sweden | Economy

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The closure applies to the stores in Sweden.

Photo: Xavi Lopez/SOPA Images/Shutterstock / TT NEWS AGENCY

A The Body shop store in Spain.

Photo: Geoffrey Swaine/Shutterstock / TT NEWS AGENCY

The decision to apply for liquidation was made during an extraordinary general meeting on April 10, according to the minutes of the meeting that Market has seen.

The chain has for a long time been plagued by financial concerns and has filed for bankruptcy in Denmark and the USA, among other places, writes Market.

The chain has also had problems in Sweden and in recent years has closed its stores in Stenungsund, Kungsbacka and Växjö.

A voluntary liquidation means that the owners no longer want to run the business themselves.

“”After due and careful consideration, the shareholder proposed and decided that the company should enter into voluntary liquidation”it is stated, among other things, in the minutes from the meeting, according to Market.

The article is in Swedish

Sweden

Tags: Body shop closed Sweden Economy

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