Nestlé to buy Body Shop

 

The Body Shop, long known for its image as an ethically-conscious company and itsstance against animal testing, has accepted a takeover bid from cosmetics giant L’Oréal. L’Oréal is partly owned by Nestlé, which has a 26 per cent stake in the company. Nestlé is the target of the world’s largest international consumer boycott because of its aggressive and unethical marketing of infant formula. Many consumers around the world refuse to buy any of the company’s products until it ceases  to endanger the health and lives of infants. Should the Body Shop be taken over by L’Oréal, any purchase of a Body Shop product would pro.t Nestlé. As such, the Body Shop will be added to the list of boycotted brands by INFACT Canada and ethical consumers everywhere.

 

 

 

 

 

 

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