Member Info for southcoastbather

The Board of Revolution Beauty, the multi-channel mass beauty brand, announces that Peter Hallett and Erin Brookes will stand down from their roles as Non-Executive Directors of the Company and members of the Board with immediate effect.

Iain McDonald, Revolution Beauty Chairman commented: "I would like to thank Peter and Erin for their contributions and support during their time on the Board. This move is consistent with our strategy to create a simplified organisational structure across the Company and its Board, bringing greater agility and cost efficiency. The business announced a Formal Sale Process on 21st May 2025 and this process is on-going with a high degree of engagement and interest. Since my arrival, I have been impressed by the underlying strength of the brand, the degree of knowledge and talent in the business and the willingness of the senior leadership team to address challenges head on and execute the strategy at pace."

Yup and its looking likely that Mahmud has sold his holding while leaving boohoo shareholders holding the baby....

He has either sold or they are purposely hiding his personal holding from the market.

"With 4.63 per cent, ASOS overtook JD Williams and moved from fifth to fourth rank.

The demand for Boohoo fell by 35-per cent and for Matalan by 22 per cent."

Asos doing just lovely....

Richard hughes of Zeus who is Mahmuds best slimey buddie has a holding here....

Notably they seem to be missing the holding of Mahmud himself....

The founders of internet giants Boohoo and The Hut Group have backed rapidly growing cosmetics company Revolution Beauty, The Mail on Sunday can reveal.

Mahmud Kamani and Matt Moulding are both understood to have invested millions of pounds in the online beauty retailer which is due to float on the London Stock Exchange tomorrow, sources said.

Ld - are you attending the meeting?

"Oh dear southcoast that is a classic example of your stupidity. The Boo market place was always going to be limited category wise. It isn't meant to be a Debenhams equivalent."

Well that's somewhat different to what the company have told the market -

So if debenhams has 15000 brands on board after 4 years and is contributing 200 million revenue, what is the boohoo market place going to add to revenue?? An absolute pittance by the sounds of it.

Even more laughable is the nastygal market place - that brand alone has gone from 140 million to less than 20 million by now over 4 years.

Looks like the group is heading for sub 1 billion revenue this year.... Imagine spending 500 million cash to grow a business, but the businesses drops a billion in revenues instead...

Feel free to post the actual maths on how you have come to your conclusion...

Absolutely brilliant - rides this all the way down from over 400p, posting and ranting here for 4 years under various aliases and then accuses me of squirming!!....

In desperation to try and prove me wrong you have willingly highlighted how poor the labels are doing... Just wait until the end of this year when debs revenue falls flat.... I still say our market place cut is getting smaller!

Has anyone realised that the boohoo market place has flopped in its first year?? Itnwas started last July and has only managed to on board 1500 brands... Didn't debs do like 5000 or more in its first year??... Probably companies not want to be associated with boohoo and the Kamanis..... Both names absolute trash in the trade.

Yes parsnip and they're to thick to admit how wrong they were!!

The funniest thing to me is that bf is going out of his way to highlight how knackered the labels are to try and pump debs...

Youth brands lose over 250 million in a year and its nothing to worry about...

Labels lose over 100 million in one year and its nothing to worry about...

Debenhams gains 18 million revenue in a year (10 percent growth) and its setting the world alight apparently...

As I said before, go and see the accountant in your office and ask if this year is likely to follow the last 3 years of tanking revenue.... I think he will nod a big yes....

Do you know how much the fee was to arrange these facilities in the first place?!

Rothchilds are certainly liking it....

"Desperate people do desperate things"...

A quote from Mike Ashley....

Maybe a bonus will be requested for all their hard work building for the future...💵💵💸💸💸💰

All sounds a bit worse than what snake oil is saying day in day out......

Boohoo turnaround jeopardised by fresh financial squeeze

Retailer turns to unorthodox lenders to prop up heavy debt pile

The beleaguered fast-fashion empire Boohoo is facing a fresh financial squeeze as it turns to unorthodox and costly lenders to prop up its heavy debt load.

In moves likely to ratchet up tensions between the company and its arch-nemesis Mike Ashley, Boohoo is in talks about a debt package of up to £175m that City sources warn could come with punishing rates attached.

The Manchester-based group has held discussions about tapping the so-called high-yield loan market for £50m of the proposed total.

This could result in Boohoo having to pay interest rates in “the mid-teens,” according to debt specialists close to the situation. If confirmed, the bill would be much higher than for conventional sources of funding, such as bank loans.

It has also held discussions with so-called asset-backed lenders, who typically lend on more expensive terms than traditional commercial banks and take security over property, stock and intellectual property in case of insolvency

Care to back that up with figures?.. No thought not as per usual....

At least there was some truth... Anything to do with labels or brands is dying.... Fast.

They just lumped all the labels on debs market place to try and hide how bad they were/are performing and also to fluff up the debs numbers....

Im expecting debs revenue to fall flat this coming year

Shameless charlatans are not fooling many people these days... There's still the odd moron that cannot see the reality yet though.

Fed - The thing with youth brands is they saw an accelerated decline last year

Also what does it tell when GMV grew by 33 percent but only added 10 percent growth to our revenue?.... Sounds like our cut is shrinking to me....

Our cut is all that matters, reporting gmv is just taking revenue reported on other peoples books and saying "look that was sold on our site"....

As much as they try and convince the market that debs group is a market place, it's not, the majority of revenue comes from selling our own cr@p on our own websites.

I've not yet seen revolution beauty have credit refused as with boohoo, remember when boohoo had an extension refused?

Did you ever get ro the bottom of the company marking its 251 million quid capex wrong? I'm sure Morana will rectify before accounts are closed off?

It really is quite comical to watch bf trying to talk of revb as if boohoo is somehow performing better.. You realise youth brands lost 250 million revenue last year huh?

While also seemingly forgetting that boohoo is over 20 million down on the revb "strategic Investment"...

Whats was the strategy? To save Mahmuds personal holding in revb....

Open your eyes... Boohoo is months away from running out of cash..

Boohoo won't be the ones making the decision on any offer - they don't carry the voting power for a white wash.

Fed companies can't just list and delist based on their valuation - that defeats the purpose of the stock market.

They are still a big company with 140 million revenue when compared with other companies.

Why would revb need to delist?

They may have an rcf date looming but the businesses seems to be right sizing itself far quicker than boohoo, so I would guess that date will be extended far easier than boohoo groups own rcf.