StockMarketWire.com - Georgia-focused healthcare provider Georgia Healthcare said its pharmacy and distribution business had signed a franchise agreement with cosmetics company The Body Shop.

According to the agreement, Georgia Healthcare had obtained the right to operate The Body Shop in Georgia for an initial term of 10 years.

In the first year of operations, it would develop up to three standalone flagship The Body Shop stores in the Georgian capital and large cities.

It would also operate a shop-in-shop model, developing The Body Shop stands in its high-end retail pharmacy chain. At 9:30am: [LON:GHG] Georgia Healthcare Group Plc share price was -3.75p at 198.25p



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