Fashion giant Boohoo has launched a boardroom coup in an attempt to take control of Revolution Beauty.
The Manchester-headquartered owner of PrettyLittleThing and Debenhams is attempting to force the company's chairman, chief executive and chief financial officer from their positions. If successful, Boohoo wants to replace them with two of its own directors.
Boohoo first invested in Essex-based Revolution Beauty in August 2022 and further upped its stake in November last year. It now holds a stake of around 26.6% and is its largest single shareholder.
