{"id":24214,"date":"2024-02-13T16:06:12","date_gmt":"2024-02-13T15:06:12","guid":{"rendered":"https:\/\/altaviawatch.com\/?p=24214"},"modified":"2024-02-13T16:06:12","modified_gmt":"2024-02-13T15:06:12","slug":"why-do-acquisitions-so-often-make-great-brands-turn-bland","status":"publish","type":"post","link":"https:\/\/altaviawatch.com\/en\/retail-today\/weekly-retail-roundup\/why-do-acquisitions-so-often-make-great-brands-turn-bland\/","title":{"rendered":"Why do acquisitions so often make great brands turn bland?"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row css=&#8221;.vc_custom_1519392503248{padding-top: 18px !important;}&#8221;][vc_column]<div class=\"edgtf-single-image-holder   edgtf-image-behavior-lightbox\">\n    <div class=\"edgtf-si-inner\" >\n                    <a itemprop=\"image\" href=\"https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m.jpg\" data-rel=\"prettyPhoto[si_pretty_photo]\" title=\"The Body Shop\">\n                                    <img loading=\"lazy\" decoding=\"async\" width=\"848\" height=\"565\" src=\"https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m.jpg\" class=\"attachment-full size-full\" alt=\"The Body Shop\" srcset=\"https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m.jpg 848w, https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m-300x200.jpg 300w, https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m-768x512.jpg 768w, https:\/\/altaviawatch.com\/wp-content\/uploads\/2024\/02\/213012065_m-600x400.jpg 600w\" sizes=\"(max-width: 848px) 100vw, 848px\" \/>                                <\/a>\n            <\/div>\n<\/div>[vc_empty_space height=&#8221;54px&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]\n<span class=\"edgtf-dropcaps edgtf-normal\" style=\"color: #00dd96\">\n\tC<\/span><span style=\"font-weight: 400;\">overage of the problems currently faced by The Body Shop highlights several factors that are all too familiar when retail brands face administration. They shouldn\u2019t be news to anybody &#8211; least of all to global companies &#8211; but they frequently are.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #778080;\"><a style=\"color: #778080;\" href=\"https:\/\/www.thesun.co.uk\/money\/25893504\/the-body-shop-brink-closure-sales\/\" target=\"_blank\" rel=\"noopener\">The Sun: \u201cHigh Street chain The Body Shop on brink of closure after sales slump \u2013 so what went wrong for trailblazing brand?\u201d.<\/a><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The factors boil down to what happens when a faceless corporation takes over a distinctive consumer brand: all too often the things that made the brand unique are gradually eroded until the appeal has gone. Why do giant, experienced companies keep getting this so wrong?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Whether it was the charismatic figurehead, the proud activism or the sense of originality &#8211; all three in the case of The Body Shop &#8211; that made a retailer popular, the transition to being a distant arm of a giant conglomerate changes things. It brings in economies of scale, a less challenging stance, a broader appeal.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In other words, it takes a distinctive asset and makes it bland.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #778080;\"><a style=\"color: #778080;\" href=\"https:\/\/www.bbc.com\/news\/business-68273425\" target=\"_blank\" rel=\"noopener\">BBC: \u201cThe Body Shop: What went wrong for the trailblazing chain?\u201d.<\/a><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">You need to be of a certain age to remember just how important The Body Shop was in its heyday. In the 1980s no shopping trip was complete without a visit to a branch, a rare beacon of environmentalism on high streets where stores were already increasingly similar. More importantly, the retailer was a brave outlier, fighting pluckily against animal testing, campaigning to Save the Whale.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Body Shop was at the front of the queue to highlight the dangers of climate change, pushing to protect the ozone layer in 1988, to save rainforests in 1989. Figurehead Dame Anita Roddick would stand up to multinational oil companies, and rail against entire countries, to do what she thought was right. She would appear on news bulletins and documentaries from distant trouble spots and danger zones.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This translated into a fierce loyalty from customers, who fully supported the brand\u2019s campaigning stance. For them a resistance to what they felt was wrong was what The Body Shop was all about.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #778080;\"><a style=\"color: #778080;\" href=\"https:\/\/www.theguardian.com\/commentisfree\/2024\/feb\/12\/i-would-mourn-the-body-shop-it-was-a-gateway-to-politics-for-animal-obsessed-teenagers-like-me\" target=\"_blank\" rel=\"noopener\">The Guardian: \u201cI would mourn The Body Shop \u2013 it was a gateway to politics for animal-obsessed teenagers like me\u201d.\u00a0<\/a><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe shopping experience was one of living your values. No, it was better than that \u2013 you walked out smelling of your values,\u201d writes Zoe Williams in The Guardian. And for many people that was exactly the point of The Body Shop.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">But without a figurehead to guide it, The Body Shop\u2019s commitment to specific causes lost steam. Its campaigning lost its edge. Watered-down versions of its environmental commitments appeared at rival brands everywhere, taking away its unique selling point. The chain failed to recruit, or create, a new generation of ethically-minded consumers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">A series of corporate owners shied away from controversy and distinctiveness &#8211; factors that are great for a dynamic founder but scary for shareholders &#8211; making The Body Shop just another shop on an increasingly quiet high street.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Big corporations always seem to chase after the excitement, creativity and originality of independent companies\u2026 only to smother it. If they can\u2019t find a way to introduce some \u2018hands-off\u2019 investment into these brands, they will remain destined to kill the golden goose.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_empty_space][vc_single_image image=&#8221;23972&#8243; img_size=&#8221;full&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;https:\/\/altavia-group.com\/en\/retailing-the-future\/?utm_source=article-altaviawatch&amp;utm_medium=banner&amp;utm_campaign=promotion&amp;utm_content=more-info&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>Coverage of the problems currently faced by The Body Shop highlights several factors that are all too familiar when retail brands face administration.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[172],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why do acquisitions so often make great brands turn bland? 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