Revolution Beauty plans launch in 100s of UK stores amid booming growth September 27, 2021 Revolution Beauty has announced plans to expand into over 350 UK Boots stores after sales surged in the first half of the year. The ethical makeup company has announced half year revenues of £78m in 2021, up by 35 per cent compared to a year prior. Sales were driven by the company’s expansion in the [...]
Clipper Logistics revenue up thanks to lockdown shopping returns August 25, 2021 Retail logistics firm Clipper has reported group revenue up by 39.1 per cent as e-commerce sales continue to grow. The Leeds-based company reported group revenue up from from £500.7m to £696.2m, in its results for the year ended 30 April 2021. The firm acquired new contracts in the period including with Revolution Beauty, H&M and [...]
Markets recover, sending Bitcoin back into $30-40k range July 21, 2021 Bitcoin’s foray under $30,000 appears to have been short-lived, with the world’s largest cryptocurrency up around four per cent over the last 24 hours to back above $31,000.
Revolution Beauty shares run rouge in London junior market debut July 19, 2021 Revolution Beauty, which debuted a £300m placing on London’s junior market today, has seen its shares plummet over four per cent. With its ordinary shares listed at 160p per piece, the company’s valuation is around $495m. The British beauty group began trading at 08:00 under the ticker REVB after an oversubscribed fundraiser last week. Revolution, [...]
Revolution Beauty to make stock market debut July 13, 2021 Revolution Beauty are plotting a float on London’s alternative markets valuing the company at nearly half a billion pounds. The float has received strong support from shareholders and was significantly oversubscribed, the UK-based firm said this morning. Read more: Asos enters deal with Nordstrom to bolster Topshop’s US presence Adam Minto, the beauty firm’s boss [...]
Online materials retailer CMO valued at £95m in London AIM listing July 2, 2021 Online-only building materials firm CMO has bagged a sturdy valuation of £95m ahead of its London AIM listing, the company confirmed this morning. CMO said it is trying to rally around £45m in a share placement for 132p per share on London’s junior AIM market. Last week, the online retailer announced its intention to list [...]
On the prowl for a new global goal for nature: will the UN pounce on “nature positive by 2030”? July 2, 2021 20 years ago I gave a talk to a group of investors about why it was important to think about issues beyond profit in investment decisions. I gave an example of an oil spill. I showed them pictures of environmental damage, of polluted waterways, habitat destruction and oil-soaked birds. My talk bombed – they weren’t [...]
Revolution Beauty eyes float on London’s junior market June 29, 2021 Makeup group Revolution Beauty is plotting a float on the London Stock Exchange’s junior AIM market, it said in a statement today, having agreed to a £90m share placement. Expected to take place in July, the float will see Jupiter Asset Management pledge the £90m. A final figure for the float is yet to be [...]
Door to door, but digital: Avon CEO on how a historic firm gets with the times June 3, 2021 Think of Avon and the image that emerges is probably a pretty wholesome one – an Avon lady, or perhaps an Avon man, presenting their make-up wares in a pleasantly spruced-up living room. In your mind, it’s probably set in black and white too. But times are changing. The cosmetics firm made its mark across [...]
Culture Corner: Your regular City arts round-up April 29, 2021 As we look forward to the City reopening for business, we’re ready to start up our Culture Corner series again, pointing you in the direction of the best arts and culture within the Square Mile and championing the role of the arts within the business community. Read more: Picnic in style with our top restaurant-in-a-box delivery [...]