BBC NEWS
BBCi CATEGORIES   TV   RADIO   COMMUNICATE   WHERE I LIVE   INDEX    SEARCH 

BBC News UK Edition
 You are in: Business  
News Front Page
World
UK
England
N Ireland
Scotland
Wales
Politics
Business
Market Data
Your Money
E-Commerce
Economy
Companies
Fact Files
Entertainment
Science/Nature
Technology
Health
Education
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
CBBC News
SERVICES
-------------
EDITIONS
Thursday, 17 October, 2002, 16:13 GMT 17:13 UK
Body Shop profit slide continues
Anita Roddick
Anita Roddick guided the store to prominence in the 1980s
Ethical cosmetics chain Body Shop has extended a run of poor results by announcing sliding profits for the first half of the year.

The 1980s High Street icon made 2.5m ($3.9m) before tax and one-off costs in the 26 weeks to August, slipping from 3m last year as it dealt with increasing mainstream competition on both sides of the Atlantic.

Including the extra costs, the company in fact made a loss of 700,000.

But it said that sales in the first five weeks of the second half were up 3% on last year, and looked forward to a good holiday season.

"Our outcome for the full year is, as always, dependent on trading during the Christmas period," said chief executive Peter Saunders.

"But we continue to believe that there will be an improvement in performance over last year."

Apart from anything else, he noted that 2001 sales had been distorted by the after-effects of the 11 September tragedy.

City reaction

After its rip-roaring success in the 1980s, as it championed peppermint foot lotion and tea tree shampoo, Body Shop has fallen on harder times.

Last year produced profits before tax down 9% to 11.6m, while failed buy-out talks brought the departure of its high-profile founder, Anita Roddick.

The Body Shop owns about 500 stores in 50 countries, and also runs a network of international franchised outlets.

The results failed to move the market, however, with Body Shop shares closing unchanged at 103.5 pence.

See also:

02 May 02 | Business
12 Feb 02 | Business
12 Feb 02 | Business
24 Aug 01 | Business
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | World | UK | England | N Ireland | Scotland | Wales |
Politics | Business | Entertainment | Science/Nature | Technology |
Health | Education | Talking Point | Country Profiles | In Depth |
Programmes