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The Body Shop Canada announces new flagship coming to Vancouver

Canadian ownership group plans for growth following takeover, restructuring

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Vancouver’s Pacific Centre will soon be home to a new flagship store for The Body Shop Canada.

Set to open in November, the retail space replaces the cosmetics and skin care company’s previous location that shuttered in the shopping mall in March. It marks the third The Body Shop Canada location to open this year.

“This is just the beginning of an exciting new chapter,” said Michael Roden, president of The Body Shop Canada. “We’re proud to continue bringing The Body Shop’s globally developed products to Canadians in a way that feels purposeful, personal, and locally relevant.”

The planned reopening in Vancouver was made public in a press release sharing the new direction charted by the company’s Canadian ownership, Serruya Private Equity.

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Founded in 1976 by Dame Anita Roddick, The Body Shop is headquartered in London, U.K. Amid financial struggles in 2024, the company shuttered close to half of its stores in that country and closed all of its outposts in the U.S.

The Canadian operations were sold to the Markham, Ont. based private equity firm last December.

Following the takeover, its Canadian operations underwent an aggressive restructuring that saw the closure of more than 30 stores across Canada. The Body Shop Canada currently operates 64 stores nationwide.

The downtown Vancouver location is one of several store openings planned for the company as part of a “focused strategy” to expand its Canadian retail footprint.

Roden, who previously held the position of CEO of Thrifty’s Inc. and joined The Body Shop in June, said it’s a “new era” for the business.

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“Our focus is on creating immersive experiences, both in-store and online, that reignite passion for the brand and welcome the next generation of customers,” he said in the release.

The ownership will also look to introduce new product collections into the Canadian market, no say products will continue to be manufactured and developed in Europe.

“Being Canadian-owned allows The Body Shop Canada to move with greater agility, tailoring our approach to meet the values and expectations of Canadian consumers,” said Roden.

The website for Serruya Private Equity lists car dealerships, restaurants and hotels among its other business investments.

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