NewsBite

Adore Beauty Group Limited

ASX Announcements

Correspondence received from Woodson Capital Management, LP

Security holder details - Other

  • Jul 3, 2024
  • 2 pages

Change in substantial holding

Change in substantial holding

  • Jul 2, 2024
  • 8 pages

Change in substantial holding

Change in substantial holding

  • Jul 1, 2024
  • 6 pages

Market Sensitive

Acquisition of Australian beauty & wellness brand iKOU

Asset Acquisition

  • Jun 28, 2024
  • 3 pages

Change in substantial holding

Change in substantial holding

  • May 6, 2024
  • 9 pages

View all ABY announcements

This Month

iKOU founders Naomi and Paul Whitfeld.

Adore Beauty acquisition is a great deal … for the other company

Adore Beauty’s $25m purchase of Aussie brand Ikou doesn’t come cheap, and poses questions about whether it has overpaid, and used up too much of its cash.

  • Adir Shiffman

June

Adore Beauty has been focusing on private label products for several years and says the Ikou purchase will leave it in a stronger position to pursue sales with higher margins.

Adore Beauty snaps up Blue Mountains wellness brand Ikou for $25m

The online beauty retailer said the deal would support its “private label and physical store initiatives” as it attempts to increase its profit margins.

  • Carrie LaFrenz

April

Adore Beauty CEO Tamalin Morton.

Adore Beauty CEO Morton to step down

The online beauty retailer is on the hunt for another CEO after Tamalin Morton flagged plans to exit in September.

  • Carrie LaFrenz

February

Adore Beauty was co-founded by Kate Morris, who rebuffed a takeover bid last year.

Adore Beauty shares surge on accelerating revenue

The former takeover target says trading momentum continued in the first six weeks of the new half, with revenue up 8.1 per cent amid a tough consumer backdrop.

  • Carrie LaFrenz
Adore Beauty founder Kate Morris is likely to have options to exit the company after a failed acquisition bid last year.

The online beauty stock that will be a takeover target this year

Doubts remain on whether Adore Beauty is really a scalable business, but a failed PE takeover bid late last year will not be the last we hear of a profitable buyout.

  • Updated
  • Adir Shiffman
Advertisement

November 2023

Jo Horgan

Rich Lister Jo Horgan’s Mecca spits off $12 million dividend for 2022

The beauty and cosmetics queen had an improved 2022 when sales bounced back after the pandemic to top $971 million.

  • Carrie LaFrenz
Founder of Adore Beauty Kate Morris

Adore Beauty knocks back takeover approach, shares jump 20pc

The online beauty retailer said the offer of between $117 million and $122 million undervalued the company.

  • Carrie LaFrenz
Adore Beauty founder Kate Morris.

UK ecommerce group adds Adore Beauty to its cart

Street Talk understands the online beauty retailer has received a non-binding indicative offer from a British e-commerce retailer.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

October 2023

Adore Beauty rallies as it sticks to guidance, defying gloom

The online beauty retailer said despite the tougher retail environment, sales and active customers grew in the first quarter.

  • Carrie LaFrenz
Adore Beauty founder Kate Morris says super funds can shift the underinvestment in female founders.

Kate Morris’ goal is to make 10 other women ‘really wealthy’

Th Adore Beauty co-founder says the way to get serious about addressing under-investment in female fund managers and founders is the $3.5 trillion superannuation industry.

  • Jemima Whyte
Adore Beauty founder Kate Morris: the company’s share price performance has dismayed investors.

UBS back for a touch-up at Adore Beauty

The big question is whether Adore is simply getting on the front foot, or if there’s a suitor circling the once red-hot business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

August 2023

Chanticleer columnists Anthony Macdonald and James Thomson.

What we learnt: Domino’s Pizza, IDP Education, The Lottery Corp

Domino’s delivers some better news after a tough 2023, IDP Education surges, and The Lottery Corporation wins by playing defence.

  • Anthony Macdonald and James Thomson
AI will create a range of opportunities for investors.

Forget Nvidia and consider these ASX stocks instead

AI’s refashioning of office jobs and workplaces will be so broad it will throw up many unexpected winners.

  • Tom Richardson

May 2023

Adore Beauty co-founders Kate Morris and James Height are leaving their executive duties but remaining on the board.

Adore Beauty founders to step aside, remain on board

After more than 20 years, Kate Morris and James Height are handing over all executive roles.

  • Updated
  • Carrie LaFrenz

February 2023

Former Tabcorp CEO David Attenborough.

Numbers always lie at Tabcorp, Domino’s, Adore Beauty

There’s no time like earnings season for the crystallisation of broken promises.

  • Joe Aston
Advertisement

November 2022

Adore Beauty names new CEO

Former Priceline Pharmacy chain executive Tamalin Morton will take up the top role from January 9, replacing outgoing boss Tennealle O’Shannessy.

  • Carrie LaFrenz

September 2022

Step One says underwear is recession proof

The beaten-down online group may expand into being stocked in bricks and mortar retail stores to try to restore value.

  • Simon Evans
“We were wrong” - Kogan.com co-founder Ruslan Kogan.

How online retailers Kogan, Adore and Cettire got it terribly wrong

Pure-play e-tailers are cutting investment to prioritise profits, raising doubts about their ability to scale and making industry consolidation more likely.

  • Sue Mitchell

August 2022

Silk Laser CEO Martin Perelman says the group generated record sales in injectables in July, with demand robust even as cost-of-living pressures jump.

Botox prices jump but vanity is inflation proof

Silk Laser, with 127 outlets doing cosmetic injections and laser treatments, raised prices by up to 8 per cent and then had a record month.

  • Simon Evans
Adore Beauty faces a margin crunch as it battles higher costs and doubles down on marketing  of its own brands.

Adore Beauty shares tank on margin crunch as costs spike

The online beauty retailer plans to double its investment in its brand, despite facing inflationary pressures and cutting costs.

  • Updated
  • Carrie LaFrenz

Original URL: https://www.afr.com/company/asx/aby