THE WHAT? Boohoo has turned activist shareholder as it attempts to oust Revolution Beauty’s C-suite and replace them with its own candidates, according to a report published by the Financial Times.
THE DETAILS The British fast fashion retailer owns a 26.6 percent share in the mass market beauty brand and is calling on fellow shareholders to vote against the reappointment of Bob Holt to the role of CEO at the make-up company’s forthcoming AGM. If Boohoo gets its way, CFO Elizabeth Lake and Non-executive Chair, Derek Zissman will also get the boot.
THE WHY? Revolution Beauty has hit hard times since last September after its shares were suspended following its failure to deliver timely accounts. Boohoo told the Financial times that ‘the focus must switch to growth’ and ‘a senior leadership team with the right retail, ecommerce and consumer brands experience is required to deliver shareholder value’.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
