A lean Christmas sends Body Shop shares down by pounds 20m.BODY SHOP shares owned by Anita and Gordon Roddick dropped pounds 20m in value yesterday after the business they founded 30 years ago suffered a poor Christmas. The combined value of their shares was hit when the company said tough trading in the UK and United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. would cause it to miss profit forecasts. Dame Anita and Mr Roddick collectively own around 18% of the company, but no longer have a day-to-day role in the running of the business. Shares were 20% lower yesterday, reducing the paper value of their stakes to around pounds 84m. Despite the poor festive fes·tive adj. 1. Of, relating to, or appropriate for a feast or festival. 2. Merry; joyous: a festive party. performance, Body Shop said sales outside of the UK and the US offered encouragement. Dame Anita and Mr Roddick started the company with a store in Brighton in 1976 to help support their two young daughters, Justine and Samantha. They opened a second store six months later. Now the company has 2,045 stores in 52 countries. CAPTION(S): Dame Anita Roddick Dame Anita Lucia Roddick, DBE (23 October 1942 – 10 September 2007) was the founder of The Body Shop, a British cosmetics company producing and retailing beauty products that shaped ethical consumerism. stocking up at one of her stores |
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