Body Shop Canada considers sale amid inventory crunch
The Body Shop Canada explored a sale after filing for creditor protection and closing 33 stores. In an April 8 affidavit, Jordan Searle said there is sufficient interest to pursue a sale, with concerns over inventory and cash pooling links to The Body Shop UK and parent Aurelius.
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TSX gains as energy and financials lift index on Friday
Canada's main stock index rose about 99 points on Friday led by energy and financial shares as risk-off trading eased. Oil prices fluctuated with US crude settling at 83.14, while tech stock pressure weighed on the index.
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Ian Chong
First Avenue Investment Counsel
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Iran
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Tran
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