Prolific North West fashion and beauty investor ups stake in Revolution Beauty

Liverpool-based William Currie Investments has upped its holding in Revolution Beauty to over five per cent after initially investing in the firm in July.

William Currie Investments has previously invested in a number of North West fashion and beauty companies including In The Style, which narrowly avoided administration through a £1.2m sale in March.

It also holds a 3.5% stake in Cheshire’s fashion label Sosandar, which issued a £4.5m share placement in February,
and has invested in the likes of ASOS, Boohoo and THG.

Revolution Beauty is technically a Southern online beauty retailer, however its majority shareholder is Manchester’s Boohoo. The two spent much of the first half of this year engaged in a bitter public feud, which seemed to draw to a close, for now at least, in July.

Revolution reported a 60 per cent hike in sales in June despite the ongoing drama in the boardroom.

William Currie Investments is led by Bill Currie who was previously a retail analyst for Barclays (BZW), Hoare Govett and Charterhouse Securities. Other members of the company’s top team include former Tesco CEO Sir Terry Leahy and Bob Willet who has held key roles with Marks & Spencer, BestBuy, Kingfisher Group and Littlewood’s.,