‘Boohoo and Revolution Beauty’s management pageant has already got ugly’
The gloves are off at Boohoo and Revolution Beauty, where the first punches have been exchanged in a fight for control of the embattled makeup specialist.
After originally taking a stake in Revolution Beauty just under a year ago, when Boohoo maintained it intended “to be a supportive stakeholder and long-term partner”, the online fashion powerhouse this week launched a coup attempt as it unveiled a plan to oust Revolution’s management and install its own representatives, non-exec Alistair McGeorge and former chief financial officer Neil Catto.
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