Revolution Beauty evaluating proposals from “number of parties” in sales process

Revolution told markets this morning that it had received proposals from several interested parties, but that there could be “no certainty” that an offer could be made. 

Last week, it was reported that Frasers Group was among the businesses interested in taking over the firm, with Revolution confirming “Frasers is one of a number of parties conducting due diligence as part of the formal sale process announced on May 21, 2025”.

“There can be no certainty that Frasers’ interest will result in a firm offer for the company,” it added. 

The brand released a statement today (June 12) reading: “The board of the company confirms it has received proposals from a number of parties, which the board, together with its financial adviser, is currently evaluating and which may then result in further access to diligence materials being granted.”

“Current discussions may be altered or terminated at any time and, accordingly, there can be no certainty that an offer will be made for the company, nor as to the terms on which any offer may be made.”

Revolution Beauty is stocked in major retailers including Superdrug, Boots, Asos and Debenhams in the UK. International stockists include Walmart in the US and DM in Germany. 

Debenhams Group holds a large minority stake in the brand.

Revolution Beauty announced plans for a formal sales process after receiving a takeover offer from an unnamed company in late May, with the deadline for submissions of interest having been yesterday (June 11).