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Evening Standard
Evening Standard
Holly Williams

Revolution Beauty swings to loss, but sees ‘encouraging progress’

The co-founder and ex-boss of Revolution Beauty has agreed to pay nearly £3 million to draw a line under issues with its accounts (Alamy/PA) -

Cosmetics brand Revolution Beauty has swung to a first-half loss after seeing sales slump by 20%, but said it was seeing “encouraging progress” in its revamp plan.

The group reported pre-tax losses of £10.9 million for its half-year to August 31 against profits of £400,000 a year earlier.

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