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The Latest Breaking News from Revolution Beauty

Stocks up as Powell leaves door ajar for rate cut

The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40.

Evening Standard

Revolution Beauty brings back founders to ‘reset’ troubled beauty brand

Co-founders Adam Minto and Tom Allsworth, who resigned following a series of accounting issues, will return to the business,

Evening Standard

Mike Ashley’s Fraser Group withdraws Revolution Beauty takeover bid

The beauty brand has faced significant challenges, with its shares recently plummeting to an all-time low amid tumbling sales

The Independent UK

From analysis to the latest developments in health,
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Frasers pulls out of bidding for Revolution Beauty after mulling takeover

Frasers, the retail giant which owns Sports Direct and Flannels, said it ‘now confirms that it does not intend to make an offer’ to buy the business.

Evening Standard

Frasers Group considers takeover deal for Revolution Beauty

Mike Ashley’s retail giant ‘is one of a number of parties conducting due diligence’ on the business.

Evening Standard

Revolution Beauty puts itself up for sale after bid approach

The company, which sells make-up and cosmetics, said it has decided to launch a formal sale process.

Evening Standard

Revolution Beauty shares plunge as it reviews funding options

Shares in the troubled firm dropped by as much as 40% on Tuesday morning, to their lowest level on record.

Evening Standard

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Revolution Beauty warns over sales slump after December trading woes

The embattled cosmetics brand said it had seen ‘sales softness’ over the key Christmas month across its online channels.

Evening Standard

Revolution Beauty settles legal claim with disgruntled former shareholder

Chrysalis bought more than £40 million worth of shares in Revolution Beauty in July 2021 and later sold its holding for a faction of the price.

Evening Standard

Revolution Beauty swings to loss, but sees ‘encouraging progress’

The group reported pre-tax losses of £10.9 million for its half-year to August 31 against profits of £400,000 a year earlier.

Evening Standard

Revolution Beauty back in profit in first half after chaotic year

Shares had been suspended for almost ten months after auditors raised questions over Revolution's accounts

Evening Standard

Revolution Beauty signals potential compromise with Boohoo

Revolution Beauty has urged its shareholders to vote against the plans

Birmingham Post

Boohoo hands shares worth almost £6m to employees

The awards come in the middle of Boohoo's bitter public row with Revolution Beauty

Birmingham Post

Boohoo demands answers as Revolution Beauty hands out over £2m to senior team

Revolution Beauty has not yet responded to Boohoo's latest statement

Birmingham Post

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The Guardian - UK

Boohoo airs ‘serious concerns’ as bosses at Revolution Beauty fired then rehired

CEO, CFO and chair of makeup brand reinstated after being voted out by almost three-quarters of investors

Evening Standard

Boohoo slams Revolution’s “self-serving” board, but shares leap

Revolution Beauty shares soared this morning as the stock resumed trading in the midst of a bruising row with leading shareholder Boohoo.

Birmingham Post

Revolution Beauty defies Boohoo as board reinstated despite attempted coup

A further meeting will be held where Boohoo will try to get three directors added to the board

Birmingham Post

Boohoo shareholders revolt over executive bonuses as fashion giant eyes return to profit

Chief executive John Lyttle was handed a £650,000 bonus last year despite the group racking up losses of over £90m

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Birmingham Post

Former THG boss joins Boohoo's attempted boardroom coup at Revolution Beauty

Boohoo first invested in Revolution Beauty in August 2022 and further upped its stake in November last year

Birmingham Post

Revolution Beauty brands Boohoo's attempted coup as 'value-destructive, opportunistic and self-serving'

Earlier this week, Boohoo launched a campaign to vote the chief executive, chief financial officer and chairman of Revolution Beauty off the board

Evening Standard

Revolution Beauty in legal fight with ex-boss over share suspension

Revolution shares have been suspended since September of 2022 after it couldn’t get auditors to sign off on its accounts

Manchester Evening News

Boohoo launches boardroom coup in bid to take control of Revolution Beauty

Boohoo wants the removal of Revolution Beauty's chairman, CEO and CFO

Birmingham Post

Boohoo moves to take control of Revolution Beauty with boardroom purge

Boohoo wants two of its non-executive directors to become Revolution Beauty's new executive chairman and CFO

Manchester Evening News

'I ditched Charlotte Tilbury for an 'instant filter' £10 foundation that looks flawless - I always get compliments'

Beauty lovers swear the budget 'filter in a bottle' foundation, which comes in 30 different shades, gives better results than premium brands like Charlotte Tilbury and Estee Lauder

Chronicle Live

Shoppers love £13 ‘filter in a bottle’ makeup duo that’s ‘better than Charlotte Tilbury’

The concealer has even been praised by celebrities like Holly Willoughby

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