Revolution beauty news and archive

Revolution Beauty taps new finance chief

British cosmetics group Revolution Beauty has named Elizabeth Lake as its new chief financial officer. Lake succeeds Andrew Clark who is exiting the business at the end of July after three years. Incoming CFO Lake has more than 25 years of finance and commercial experience. She joins from AIM-listed Everyman Media Group, where she has been CFO...

12 May 2022

BusinessFeatured

Revolution Beauty reports robust FY revenue, EBITDA growth

Revolution Beauty Group has reported robust revenue and EBITDA growth in the year ending February 28, in line with market expectations. The British cosmetics group posted annual revenue of 194 million pounds, a 42 percent increase from the previous year despite inflationary pressure and pandemic related volatility. The group said it had a record...

9 May 2022

Business

Revolution Beauty acquires US brand BH Cosmetics

British cosmetics group Revolution Beauty announced Friday it has bought certain intellectual property assets and inventory of US cosmetics brand BH Cosmetics Holdings out of Chapter 11 bankruptcy. Revolution Beauty said the deal was worth 3.9 million dollars, and will be financed through the group’s existing cash resources. It said it will “...

25 Feb 2022

Business

Revolution Beauty gears up for UK, US expansion following strong Christmas sales

British cosmetics company Revolution Beauty has reported strong revenue growth in the important Christmas period, fueled by a jump in direct-to-consumer (DTC) sales. In the period from November 1 to December 31, revenue increased 41 percent year-on-year on an underlying basis despite a “volatile consumer backdrop”, with many of its markets going...

26 Jan 2022

Business

Revolution Beauty reveals plans for AIM float

Revolution Beauty Group Limited has announced its intention to seek admission of its shares to trading on AIM, a market of London Stock Exchange plc. The company said, admission is expected to take place in July 2021. Commenting on the decision, Adam Minto, founder and CEO of Revolution Beauty, said in a release: “I started Revolution Beauty...

29 Jun 2021

People

Former Sports Direct CEO named MD of Revolution Beauty

The former CEO of Sports Direct has taken up the role of managing director at British cosmetics company Revolution Beauty. Dave Forsey took up the new position in March last year, according to LinkedIn, but the news was only recently reported by The Times. Forsey spent 33 years at Sports Direct, now known as Frasers Group, and became the...

9 Jun 2021