Sales soar at Revolution Beauty
Revolution Beauty which floated on AIM earlier this year has posted group revenue of £78.6 million for the six months to 31st August, an increase of 39 per cent year on year.
The business which produces multi-brand, multi-category beauty and personal care products which are sold on a direct-to-consumer as well as on a wholesale basis, attributed much of its growth to international development.
Adam Minto, CEO said: Our digital-first strategy underpins our success. Our ability to anticipate trends through our social and influencer-led marketing approach, coupled with our speed to market, ensures we are continually innovating ahead of the market. This approach means our DTC digital customer base is growing strongly, while our in-store distribution network grows in our key markets of the US and the UK, as more retailers come to us for our market-leading innovations.
“As anticipated at our trading update in October, we continued the strong momentum in the first half into the seasonal peak of beauty in the third quarter, with sales growth across online and in-store, driven by Halloween and the start of Christmas trading.”
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