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Bodycare to shut another 30 stores

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Bodycare to shut another 30 stores


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September 16, 2025

The closures at the failed Bodycare chain aren’t over. Only shortly after it closed 32 of its 147 stores, the business is now closing a further 30 with the loss of 235 jobs. That means 685 jobs have gone so far since the collapse a few weeks ago.

DR

A spokesperson for the administrators said that there had been “interest from a number of parties” regarding the remaining 85 stores that it’s hoped will continue to trade under new owners.

Of the new list of UK-wide stores set for closure, 14 will happen as soon as 16 September with the rest to shut on Thursday.

“Unfortunately, given the shortage of stock and costs associated with operating stores, it is no longer viable to continue to trade all 115 stores retained on appointment,” the spokesperson said.

In late August, it had emerged that the business was on the verge of collapse and was seeking a buyer to try to avoid administration. But as is so often the case in such situations, a business like that is much more attractive post-administration given that the filing will have allowed it to shed jobs and exit store lease such more easily than as a going concern.

The chain’s problems were recently cited by Warpaint London as one of the issues that led to its own profit warning.

Until its administration, Bodycare was run by former Beales chief Tony Brown and was owned by Baaj Capital. The company had enjoyed a long and successful history but the pandemic was a major blow from which it hadn’t properly recovered even as UK retail opened back up.

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Fashion

CFDA to implement fur ban at NYFW from September 2026

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CFDA to implement fur ban at NYFW from September 2026















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ECB keeps interest rates unchanged, upgrades growth outlook

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ECB keeps interest rates unchanged, upgrades growth outlook



The European Central Bank (ECB) has decided to leave its three key interest rates unchanged, signalling continued confidence that inflation will stabilise at its 2 per cent target over the medium term. The deposit facility rate remains at 2.00 per cent, while the main refinancing operations rate stays at 2.15 per cent and the marginal lending facility at 2.40 per cent.

According to updated Eurosystem staff projections, headline inflation is expected to average 2.1 per cent in 2025, easing to 1.9 per cent in 2026 and 1.8 per cent in 2027, before returning to 2.0 per cent in 2028. Inflation excluding energy and food is forecast at 2.4 per cent in 2025, gradually declining to 2.0 per cent by 2028. Inflation for 2026 has been revised upward, mainly due to expectations that services inflation will fall more slowly than previously anticipated, the Governing Council of the ECB said in a press release.

European Central Bank has kept its key interest rates unchanged, maintaining confidence that inflation will stabilise at the 2 per cent target.
Updated projections show inflation easing gradually over the coming years, with a slight upward revision for 2026 due to persistent services prices.
Economic growth forecasts have been revised higher, supported by stronger domestic demand.

The ECB also revised its economic growth outlook higher compared with its September projections. Growth is now expected to reach 1.4 per cent in 2025, 1.2 per cent in 2026 and 1.4 per cent in 2027, with expansion projected to remain at 1.4 per cent in 2028. The improvement is driven largely by stronger domestic demand across the euro area.

The Council reiterated its commitment to ensuring that inflation stabilises sustainably at the 2 per cent target. It emphasised that future monetary policy decisions will remain data-dependent and assessed on a meeting-by-meeting basis, without pre-committing to any specific interest rate path.

Fibre2Fashion News Desk (KD)



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US brand Vera Bradley posts net revenue of $62.3 million in Q3

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US brand Vera Bradley posts net revenue of .3 million in Q3




Vera Bradley reported Q3 net revenues of $62.3 million, down from $70.5 million year over year.
Direct revenues fell 5.3 per cent, with comparable sales down 5.8 per cent, while indirect revenues dropped 30.2 per cent.
Gross margin declined to 42.1 per cent, impacted by inventory write-downs and higher duties, despite early progress from its Project Sunshine transformation.



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