Revolution Beauty experienced a 20% sales drop in the first half, but anticipates growth in Q4 under CEO Lauren Brindley's "Reigniting the Revolution" strategy.

Revolution Beauty reported a 20% drop in first-half sales to £72 million, attributed to stock liquidation and a simplified product line. Despite the decline, core range sales rose 6%, and the company anticipates a return to growth in the fourth quarter under CEO Lauren Brindley’s "Reigniting the Revolution" strategy. This plan includes cost-cutting measures and new initiatives for a reinvigorated makeup line and skincare range, aiming for profitability in FY24.

October 09, 2024
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