Coop Ends The Body Shop Franchise in Switzerland

Retailer Coop announces termination of The Body Shop franchise agreement in Switzerland, affecting 33 stores and 108 employees who will be offered alternative positions.

Key Takeaways

AI

Coop decides not to extend The Body Shop franchise agreement in Switzerland
33 Body Shop stores in Switzerland are affected
108 employees will be offered alternative positions within Coop
The Body Shop's parent company filed for insolvency in UK in mid-February 2024
Coop acquired The Body Shop Swiss franchise in 2010

By The Numbers

33

Number of affected stores in Switzerland

108

Number of affected employees

1976

Year The Body Shop was founded

They Said

"unique positioning of the brand no longer exists"
— Coop spokesperson

1

Franchise Agreement Termination

2

Impact on Employees and Stores

3

Business Context and Market Changes

4

Historical Background

Sources & References

Coop washes its hands of The Body Shop in Switzerland

SWI swissinfo.ch

Filed Under

business retail employment corporate

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