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Body Shop Details Q1

LONDON-The Body Shop International PLC reports lagging comparable sales in the US but shows strength in several European markets.

By Dana Dubriwny | Updated on June 17, 2005

LONDON-Comparable sales were up by 5% in the Body Shop’s first quarter, showing that although results were sluggish in the US, sales in the Europe, Asia Pacific and Middle East regions were strong.

In the US and Canada, comparable store sales declined 1%, reflecting flat sales in the US and a 3% loss in Canada. Asia Pacific outperformed all other regions with comparable store sales growth reaching 18% in south East Asia and 15% in Taiwan.

The trend in Japan improved from an increase of 2% in the last full year to a 7% increase in the first quarter of the current year, while in Korea the decline moved from negative 8% to negative 3%. In the European, Middle East and Africa region, comparable store sales increased by 6%, with the France leading the charge with an increase of 15%.

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