Frasers Group eyes potential takeover of struggling Revolution Beauty

Mike Ashley’s Frasers Group is weighing a potential cut-price takeover of troubled cosmetics brand Revolution Beauty.
The retail giant – which owns retail brands including House of Fraser, Sports Direct and Evans Cycles – is said to have approached the listed beauty brand about a possible bid as the business explores strategic options following a sharp decline in value.
Industry sources told Sky News that Frasers is considering an offer, although no final decision has been made