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Adore Beauty Group Ltd. ( (AU:ABY) ) has provided an update.
Adore Beauty Group Limited announced significant changes to its board, with Chair Marina Go and Co-Founder Kate Morris retiring from their positions. These leadership changes come as the company continues to focus on its growth strategy, with both Go and Morris expressing confidence in the company’s future. The board is in the process of identifying a new Chair, and the Founders retain the right to nominate a Director as long as they hold a significant shareholding.
The most recent analyst rating on (AU:ABY) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Adore Beauty Group Ltd. stock, see the AU:ABY Stock Forecast page.
More about Adore Beauty Group Ltd.
Adore Beauty Group Limited, launched in 2000, is Australia’s first beauty-focused e-commerce platform, offering a personalized and engaging shopping experience. The company operates in Australia and New Zealand, partnering with over 300 brands and offering more than 14,000 products.
Average Trading Volume: 164,174
Technical Sentiment Signal: Buy
Current Market Cap: A$100.1M
Learn more about ABY stock on TipRanks’ Stock Analysis page.