Revolution Beauty back in the black despite weak online sales Retail Cosmetics brand Revolution Beauty has clawed its way out of the red as high sales in the rest of the world help offset its poor performance in the US.
Revolution Beauty reaches settlement agreement with co-founder Revolution Beauty Embattled makeup giant Revolution Beauty has reached a settlement agreement with its co-founder to change terms for the acquisitions of a pharmaceutical company which he owned. The troubled makeup brand was in discussions with the former executive chairman, Tom Allsworth, to fix the timetable for deferred payments owed to him for his stake in Medichem. [...]
Revolution Beauty raises guidance as it ploughs ahead with growth plans Retail Scandal-stricken Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six years.
Revolution Beauty ‘contests’ allegation made against it by former shareholder February 2, 2024 Scandal-stricken makeup firm Revolution Beauty has said it contests allegations made against it by a former shareholder Chrysalis investments.
Revolution Beauty founder in multi-million settlement talks amid crisis November 27, 2023 It was confirmed the beleaguered company is in talks to reach potential agreements with former chief executive Adam Minto, who stepped down over a year ago.
Revolution Beauty picks former Walgreens exec as new boss August 31, 2023 Revolution Beauty has narrowed its losses and appointed a new boss as it tries to put behind it historic issues and a spat with top shareholder Boohoo.
Revolution Beauty targets £1bn sales, leaving string of scandals behind February 8, 2024 Lauren Brindley, Revolution Beauty's newly appointed chief and former Boots executive, is set to inform investors about its business strategy at a capital markets event taking place today.
Revolution Beauty defends counter-revolution after Boohoo’s shareholder revolt June 30, 2023 Revolution Beauty defended the unusual actions it took at its AGM this week, after it reinstated three members of its executive team who had been voted out by shareholders. The beauty company said its actions had been “firmly validated” by the stock market response, with its shares rising yesterday. Without taking the action it did, [...]
Revolution Beauty: All eyes on signs of a rebound after Boohoo spat August 28, 2023 Investors will turn their focus to Revolution Beauty’s upcoming annual results on Thursday to see if the troubled cosmetics line has shown any signs of rebounding following a public spat with its chief stakeholder Boohoo. The cosmetics company has recently just begun trading on the London Stock Exchange again in June after its shares were [...]
Revolution Beauty: Former boss to pay £3m to draw line under finance scandal February 5, 2024 The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the company. Adam Minto, who stepped down as head of the brand two years ago, will have to hand over £2.9m, according to an update by [...]