HMV owner considers rescue bid for The Body Shop

A closed outlet of The Body Shop on Bond Street in central London, UK.Photographer: Betty Laura Zapata/Bloomberg

London: Doug Putman, the Canadian businessman who bought HMV out of administration, is exploring a rescue bid for The Body Shop, the Telegraph reports.

Putman has contacted The Body Shop’s administrators, FRP Advisory, to express an interest but has yet to make a formal bid, the newspaper said last Saturday.