29 Nov 2022 --- British makeup and skincare brand Revolution Beauty witnesses significant changes as the online fast-fashion retailer Boohoo makes a “strategic investment” in the company, becoming the largest single shareholder. Additionally, Bob Holt has been promoted to CEO, replacing Adam Minto after his resignation.With the investment, Boohoo upped its ante from 12.8% to 26.47%. Building upon the existing relationship between the two companies, the retailer intends to “be a supportive stakeholder and long-term partner,” as per its Regulatory News Service (RNS) update.
