Adore Beauty shares slump on slower sales
Adore Beauty shares slump on slower sales Adore Beauty shares have slumped 16 per cent as it becomes yet another online retailer to disappoint the market. Business by ELI GREENBLAT Premium Content Subscriber only Shares in online beauty retailer Adore Beauty tumbled on Wednesday after it delivered an underwhelming trading update. The update showed sales growth slowed in the March quarter. Adore Beauty floated late last year after private equity firm Quadrant partially sold out of the business. The online retailer's founders also cashed in almost $1...
Source: themorningbulletin.com.au