The Body Shop Canada Limited, a cosmetics, perfume and skin care retailer with 105 Canadian stores, an e-commerce platform and a wholesale business, filed an NOI on March 1.

The company sells merchandise under the “The Body Shop”, a global brand recognized for its natural and ethically sourced beauty products.

At the time of filing, The Body Shop Canada had approximately 780 employees and listed approximately $3.3 million in third-party liabilities.

The Body Shop Canada is a subsidiary of The Body Shop International Limited (the “UK Parent”). On February 13, the UK Parent commenced administration proceedings in the United Kingdom. The Body Shop Canada relied on the UK Parent for the supply of all inventory, treasury and other critical corporate services.

Following the UK administration, which was commenced without any coordination or notice to Canada, The Body Shop Canada required the immediate protections provided by the NOI proceedings to stabilize its operations.

To maximize its liquidity position while it explores various going-concern alternatives, The Body Shop Canada immediately commenced liquidation sales at 33 of its store locations which it intends to exit in the near term.

A&M was appointed proposal trustee.

Counsel is Davies for The Body Shop Canada and Cassels for the proposal trustee.

By: Dina Milivojevic