Revolution Beauty has signalled that it could potentially reach a compromise with Boohoo.
The retailer has been locked in a bitter public spat with the fashion giant over the composition of its board. Click here to read about everything that's happened so far.
A general meeting of Revolution Beauty's shareholders has been set for August 7 in which Boohoo is seeking to appoint Alistair McGeorge and Neil Catto as directors.
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Boohoo is also proposing that Bob Holt, Derek Zissman and Elizabeth Lake be removed from the board.
Revolution Beauty has urged its shareholders to vote against the plans.
It added: "However, the board believes that a compromise position with boohoo is close and could be reached in the coming days.
"If the board were able to reach a compromise, this would avoid the expense, administrative burden and other detrimental consequences for the company that would result from the General Meeting.
"If this compromise position is not reached in the coming days, the board will publish an announcement setting out its views on boohoo's proposed resolutions, the general meeting, and the situation in which the company has been placed."
