The Body Shop Restructuring Expected To Net $4.8 mil. In Operating Savings
This article was originally published in The Rose Sheet
Executive Summary
The Body Shop anticipates it will save approximately $4.8 mil., or L8 mil., in operating costs under a restructuring plan announced Jan. 26. Of the monies saved, around $2.4 mil. (L4 mil.) is expected to be achieved by FY 1999 (ending Feb. 29, 2000).