Revolution Beauty Group plc (GB:REVB) has released an update.
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Revolution Beauty Group plc, a leading player in the mass beauty market, is currently addressing legal challenges posed by Chrysalis Investments Limited, which has outlined a claim of £39 million plus additional consequential losses totaling £6.2 million. Despite receiving draft particulars of the claim on April 19, 2024, Revolution Beauty firmly denies the allegations and is actively consulting with legal advisers to formulate a response. The company assures stakeholders that it will keep them informed and continue discussions with Chrysalis and its representatives.
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