The Body Shop New Zealand has entered liquidation, closing all 16 stores across the country.
The cosmetics and beauty retailer had been in voluntary administration since January, continuing to trade. However, creditors voted to place the company in liquidation in March.
Subsequently, liquidators Daniel Stoneman and Neale Jackson of Calibre Partners have overseen the closure of all stores after being unable to draw a suitable offer to buy the business.
“We worked closely with the management team to sell all stock and begin winding down the business,” the liquidators said.
The Body Shop NZ’s website, which is now offline, included a farewell message thanking customers for their support.
“We extend our heartfelt gratitude to our valued customers for your unwavering support. Your passion for our products and ethical values has meant everything to us.”
The company entered voluntary administration following the collapse of its UK parent, which was placed into administration in February last year.