BEAUTY

Boohoo expands cosmetics empire with Revolution Beauty investment

By Alessandro Carrara
17-Aug-2022

Boohoo has been steadily growing its beauty and cosmetics arm over the past few years, and launched its own 50-strong line of products in February 2022

Revolution Beauty saw sales skyrocket by 73% its most recently finance results

Revolution Beauty saw sales skyrocket by 73% its most recently finance results

Boohoo has expanded its growing beauty empire after making a “strategic investment” into UK beauty retailer Revolution Beauty.

The fast-fashion e-tailer more than doubled its shareholding in the company to 7.1%, after originally owning less than 3% of shares.

Boohoo said the investment builds on its existing partnership with the beauty business.

Revolution Beauty sells its products through several of Boohoo’s direct to consumer brand websites and its online digital department store.

“The investment reflects Boohoo’s belief in the growth potential of Revolution Beauty and it intends to be a supportive stakeholder and long-term partner,” Boohoo said in a statement.

Boohoo’s shareholder increase comes after stocks

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FASHION

Harrods Expands Its Men’s Universe With Two New Dedicated Spaces

LONDON — Harrods is tripling up.

The British luxury department store has unveiled a new men’s space dedicated to sunglasses, grooming and fragrances on the second floor.

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This is part of the company’s storewide redevelopment plan which began in 2018 and is expected to finish in early 2024. Last year the retailer opened a 4,000-square-foot space focusing on men’s sportswear.

“My vision was to make shopping in Harrods a simple, considered and luxurious experience, and with the launch of ‘Men’s Sunglasses, Grooming and Fragrance’ I’m looking forward to welcoming customers to a space where they can achieve the ultimate first and final touches; from enriching skin care to the coolest eyewear on the market,” said Simon Longland, head of menswear at Harrods.

The David Clulow <a href=sunglasses boutique is Europe’s largest men’s offering with over 500 shades on display. – Credit: Courtesy of Harrods” src=”https://s.yimg.com/ny/api/res/1.2/zgffWyLODam0gNKKP3xgUQ–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA–/https://s.yimg.com/uu/api/res/1.2/gpEjRnkEA1dtJb6VXb1F6g–~B/aD00MTQzO3c9NjIxNTthcHBpZD15dGFjaHlvbg–/https://media.zenfs.com/en/wwd_409/ca4ee0291a2742bcba9ef495842f5e87″/

The David Clulow sunglasses boutique

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