Revolution Beauty revenues slip as it navigates accounting scandal

Revolution Beauty makeup palette

Revolution Beauty revenues have slipped as the brand continues to navigate an audit investigation that revealed “unacceptable” business practices.

The beauty brand reported a revenue fall of 4.2% to £75.3m for the six months ending August 31, 2022.

Operating losses narrowed to £12.1m compared with £23.7m the previous year, while loss after tax was £13.4m, down from £28.9m. 

 

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