The Body Shop acquires Australia franchise business

THE Body Shop has recently acquired Adidem Pty Limited, the company operating The Body Shop Australia since 1983, from head franchisee Graeme Wise.

 

The fifth largest The Body Shop and its retail sales will now cease to be a franchise operation and will be company-owned.

 

Mr. Wise has grown the Australia The Body Shop over the last 32 years into a business known for its excellence in service and strong brand values.

 

"In transferring ownership of the business to The Body Shop International, I am pleased that the future of the business will be in the best possible hands," he said.

 

The Body Shop chairman and CEO Jeremy Schwartz said, "I am delighted to welcome the talented teams in Australia who have contributed to build a successful business in this strategic market. I am very much looking forward to working with them and pursuing the development of The Body Shop values, culture, and business in Australia."