Revolution has come to a settlement agreement, opting to pay a nominal amount to Chrysalis to put a dispute to rest. While the exact financial terms remain undisclosed, reports from The Standard suggest the amount to be less than one percent of Chrysalis’ market valuation. Both parties have not accepted any liability as part of the agreement.
Chrysalis initially sought over £45 million, claiming compensation for losses after discrepancies were found in Revolution’s financial accounts. These discrepancies significantly impacted the make-up brand’s stock value, prompting the legal proceedings.