Member Info for southcoastbather

Peak mcap over 5 billion....

Peak capex 251 million....

Losses over 300 million...

Over 5 billion of mcap lost....

Debenahams gifted labels gmv to pump it up...

Dans remuneration 5.2 million over 4 x any other ceo..

Lied about 2 x capital markets days...

Desperation high interest rate loans...

Refused loan term extensions....

Delayed full year results....

Delayed h1 results....

13p share price on full year results...

11p share price and still trending down....

Undeserved bonuses for management while company losses grow...

Growing losses for 4 straight yesrs....

Over 45 percent of lost in 4 years.....

Mahmud taking a cut of company money to oay personal debt...

Underpaid workers in uk sweatshops used...

Over 500 million in cash wasted...

Shareprice from over 500p down to 11p...

Took control of the revb board and destroyed value with dilution...

Suckered idiot shareholders into voting for Mahmud then lost another 75 percent of the Company's value...

Wasting 80 million per annum with over staffing...

Blaming anything but themselves for total value destruction...

Bullying suppliers into further discounts after agreeing terms and having stock delivered...

Sacking staff for sharing sweets then losing in court...

Manipulating prices to make customers think discounts are bigger and then being fined 20 million for it....

Taking management trips to Turkey while the company is in major problems...

Note my initial post - specifically aimed at another user, you being the board bully and narcissist believe its your duty to respond to every poster who dares post the truth about this company and all of its shocking investments..... Just wait until the boohoo sp levels up with the revb price.... And it won't be because revb is rising....

"Here's a question for you Northern - genuine as well

What do boohoo and revb have in common?

Is it the same management or are they both shorted by the same shorters?"

In summary, while Revolution Beauty had significant problems before Boohoo's involvement, Boohoo's actions as a major shareholder have been widely criticized by former management and other market commentators as being self-serving and exacerbating, rather than solving, the problems, ultimately contributing to the continued low share value

It is widely perceived that Boohoo's actions and influence have contributed to the destruction of shareholder value at Revolution Beauty (REVB), which was already in a precarious position due to pre-existing accounting issues.

Here is a breakdown of the situation:

Pre-existing Issues at REVB: Revolution Beauty floated in 2021 with a valuation of nearly £500m. However, in mid-2022, accounting issues were flagged, leading to a profit warning, an audit probe, and the suspension of its shares from trading in September 2022. The share price plummeted dramatically from its IPO price of 170p to just a few pence.

Boohoo's Entry and Boardroom Battle: Boohoo began building a stake during this period of distress, eventually becoming the largest shareholder with over 26%. In June 2023, Boohoo initiated a hostile takeover attempt of the board, seeking to remove the CEO (Bob Holt), CFO, and Chair, and replace them with its own nominees.

Accusations of Value Destruction: The existing Revolution Beauty board vehemently opposed Boohoo's moves, publicly calling them "value-destructive, opportunistic and self-serving". They argued that Boohoo's actions were destabilizing the business at a crucial recovery stage and delaying the restoration of share trading.

Share Price Performance: Following the boardroom conflict and subsequent management changes effectively forced by Boohoo, Revolution Beauty's financial performance remained challenging, with further revenue declines reported in 2025. The share price has remained extremely low (trading around 2-3p as of late 2025, having hit a high of 26p within the last year).

Market Sentiment: Shareholder chat forums and news articles reflect a general sentiment that the prolonged conflict and subsequent management decisions have been detrimental to the company's value, with some shareholders blaming the new Boohoo-backed management for the continued poor performance.

In summary, while Revolution Beauty had significant problems before Boohoo's involvement, Boohoo's actions as a major shareholder have been widely criticized by former management and other market commentators as being self-serving and exacerbating, rather than solving, the problems, ultimately contributing to the continued low share value

Boohoo forced a board take over and put their own boys in to control the company and have destroyed it.

For the avoidance of any doubt or lies by the resident troll please see below..... And boy didn't they implement their own strategy.....

Yes, Boohoo effectively took control of the Revolution Beauty (REVB) board in July 2023 following a bitter, month-long boardroom battle.

Boohoo, as the largest shareholder with a stake of over 26%, pushed for significant changes to the board composition.

A settlement agreement was reached which resulted in:

Bob Holt (CEO) and Derek Zissman (Chairman) agreeing to step down from the board.

Elizabeth Lake (CFO) remaining in her position, but being supported by new directors appointed at Boohoo's request.

Alistair McGeorge, Neil Catto, Rachel Horsefield, and Peter Hallett joining the Revolution Beauty board. Alistair McGeorge took on the role of executive chairman, and Neil Catto became a non-independent non-executive director.

This settlement effectively ended the public dispute and allowed Boohoo to install its own nominees and influence the strategic direction of Revolution Beauty.

Minto and alsworth had nothing to do with the drop from 40p down to 3p - they weren't working for revb during that period.

In fact they were probably plssing themselves watching Mahmud destroy the company considering they made a fortune at ipo.

Bob Holt was on the money when he said boohoo would destroy the revb as they had done with boohoo.

Dont forgot I said a long time ago that what ever happens at revb will be mirrored here at boohoo.... How does 3.6 billion boohoo shares sound??.... Lovely bit of dilution for loyal shareholders...

Here's a question for you Northern - genuine as well

What do boohoo and revb have in common?

Is it the same management or are they both shorted by the same shorters?

Anyone know what was the q1 update for this year? For some reason I can't find it.

Imagine coming onto a forum, stating you have someone filtered, then directly responding to the person you allegedly filtered and therfore cannot see their posts....

John Hume says...

"Looking forward to BFD/T4G thesis on distinction between "late"and "delay"

Bf responds

"H1 results arent late or delayed. "

John being the only person to mention the word late today so the response is directly at John.

Look at their fy25 guidance.... the only thing they achieved was the headwinds in youth brands!

They seemingly forgot to mention they were on target for record losses ?

As if by this point they didn't know they were going to report RECORD losses of 349 million...

Come on rampers lets have your h1 predictions for the stinker that's coming!

FY25 Outlook:

· In the second half of FY25, the Group expects a higher GMV and a stronger adjusted EBITDA performance, when compared to H1 25, despite further investment into the brands to unlock shareholder value

· Strong continued Marketplace growth

· Ongoing headwinds in Youth Brands

· Benefits from historic cost actions to reduce cost base year on year

· Significantly reduced capex vs prior periods

· Capital markets day planned for Q1 2025

Misleading people would be to fixate on salary numbers as they do NOT show the full picture - TOTAL remuneration shows the full disgusting self serving picture of mr Dan Finley. The full greed filled figures are listed in the accounts under TOTAL REMUNERATION.

Does anyone know the reason that h1 results have been delayed? Poor numbers? Cash running out? Assets not reaching a value to help save the company??

Why were the previous full year results delayed? I know some people were fooled into thinking the company was putting plt up for sale but the real reason was the company was cash strapped and struggled to get a high interest rate desperation loan facility through in the last hour to buy themselves a bit more time.

Since Dan took on the role of ceo and promised to provide shareholder value combined with better shareholder engagement the company has lost 80 percent of its value and communications have got worse than ever before.

The foolish shareholders may try to blame shorters but the fact remains that short position registered are really quite low at 2 percent and nowhere near the 10 percent position once reached in 2020 - pretty much proving they made their money and moved on.

So why is the share price so low now? Pretty simply put - nobody believes in this company due to it having continuous revenue declines and growing losses combined with mounting high interest rate loans.... Topped off with stupendous payouts for failure!

The last 5 years remuneration for the boohoo ceo have been posted multiple times

Dans remuneration for a year when he did half as ceo of debenhams market place and half os group ceo came in at 5.2 million quid

Over 4 times the yearly average for a boohoo ceo

Or put another way - more than the 4 years previous ceo remuneration combined

Or put another way - more than the ceo of next, a company making a billion in profit

Or more than the ceo of ryanair, a company making 5 billion profit

Or out another way, more than all the other board members combined

Yes it really is that ridiculous..... About as ridiculous and mr 2 percent having an averge of under 20p...

Who is on 217k?

How about people post their predictions for h1??

The way people poat about Dan is as if he single handedly decided to buy debenhams and then turned it into some super business all by himself at a time when he wasn't even a director

Everything Dan has achieved (which isn't a lot) with debenhams was done under the leadership of the group ceo John Lyttle.

What has he achieved since being ceo himself? Oh yes the brands are all profitable on an ADJUSTED EBITDA basis - is there even such a thing?!

Oh he has achieved having a hand in producing the company's record 349 million pound loss of course.

5.2 million remuneration for the above?!

Just think - they are sat there still watching the daily sales numbers decline on the big screen in the office.... Thinking about how they can dress them up!!

Imagine the h1 revenue inc plt comes in under 550 million??

"The growth rate in market place is fantastic."

Is this a joke??

Debenhams added 20 million revenue last year while youth brands declined 250 million.

If 20 million is fantastic growth then 250 million declines must be absolutely catastrophic in contrast?

It makes no odds whether it went bust

The fact remains that debenhams was doing over 600 million in revenue online before it went bang (even though there was rescue offering from frasers).

So your statement that Dan took debenhams from zero to 700 million gmv is total guff.

A - debenhams had a large customer base ready to continue shopping on the website so it didn't start from zero.

B - Debenhams has been gifted over 200 million in revenue from the labels to try and pump up the "growth story"

C - Debenahams hasn't done 700 million in gmv, its last update was 650 million (included gifted labels gmv).

Finally my position is none of your business, please also show me the rules that say none holders are not allowed to post? Are you aware that multi id names are against the rules??

Debenhams before boohoo bought it was doing over 600 million revenue online annually and growing...

5 years later debenhams is doing a similar nunber in online gmv.... And 200 to 250 million of that is gifted from boohoo labels!

Hardly a growth story is it?!

"You seem to forget that we are more than twelve months into a strategic review southcoast, so I doubt it anything was thought up at the last minute or embryonic"

Funny you say the plt thing isn't rushed when there was no mention of it being for sale when Umar did his famous crying interview???

He was telling the world it was just the beginning and the new plt would be amazing...

Next minute its so say up for "sale" !!

That stinks of desperation much like all of your posting history.

It will be interesting to see if plt is still listed as an asset for sale in h1 results - bearing in mind we have seen no evidence it is being marketed as such.

What happened to your theory that the plst deal was nearly over the line and that was the reason they delayed results die to that phenomenal news??

Could be that us "trolls" were right and the plt sale was a rushed last minute idea to try and glaze over the absolute stinking results with record 349 million losses??