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23 Jan 2021

InnovaDerma PLC (LON:IDP), the company behind the Skinny Tan product, is looking to bolster its balance sheet to capitalise on opportunities once the lockdowns end. You cannot print contents of this website. InnovaDerma said its cash position has been materially affected by the fall-out from the pandemic and it has thus agreed in principle to borrow £500,000 from Mark Ward, a non-executive director of the company. Date: Monday 31 Oct 2016 (ShareCast News) - As well as announcing soaring full year profits, InnovaDerma has secured a US distribution deal for its Skinny Tan self-tanning lotion after it proved a hit in the UK and Australia. Dragons' Den-backed Skinny Tan bought by beauty giant InnovaDerma. Having sold in excess of £2million, Skinny Tan has seen phenomenal growth since Louise Ferguson and Kate Cotton formed it in 2012. other companies in the InnovaDerma Group, for the purpose of listing them on a recognised stock exchange. While sales of Skinny Tan in 2020 were lower than they were the year before, the company said the launches of Notox Beauty Elixir and Strawberry & Cream Pink Whipped Gradual Tanner were very successful on its UK DTC platform in December. Skinny Tan remains well positioned to perform with a strong roster of new products to be launched during 2021. TIDMIDP. The duo won the backing of two ‘dragons’, Kelly Hoppen and Piers Linney. I remain confident that UK beauty category consumption will quickly improve once COVID-19 restrictions ease,” Hughes added. InnovaDerma has also signed a distribution agreement with Regis Salons UK, who will offer Skinny Tan Professional in 20 stores offering spray tanning services, and the over-the-counter version of the product will also be sold in those stores. The UK developer of beauty, personal care and life sciences products said the continued impact of the coronavirus (COVID-19) pandemic and tighter lockdown rules hit its trading performance over the important festive season. Innovaderma, the UK manufacturer of cosmetics ranges including Skinny Tan, Leimo Instant Hair and Tripollar Pose, has provided a trading update for H1 2017. Notox Beauty Elixir was sold at full retail price and was InnovaDerma’s best-selling item. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, exclusive to c.680 Superdrug stores across the UK. Skinny Tan Moisture Mousse is a Trademark by Innovaderma Aus & Nz Pty. Following the success from the Skinny Tan UK campaigns, InnovaDerma introduced the automated campaigns to its other products, including Charles & Lee, Roots and Nu-Thing. Company behind popular Superdrug tanning brand Skinny Tan has benefited from high uptake of the products. Having sold in excess of £2million, Skinny Tan has seen phenomenal growth since Louise Ferguson and Kate Cotton formed it in 2012. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, exclusive to c.680 Superdrug stores across the UK. In the nine months since the stock listed last September, InnovaDerma’s shares have surged by over 300p, or 400 per cent, on the back of the success of its Skinny Tan range. InnovaDerma secured a distribution agreement with Chemist Warehouse for distribution of Skinny Tan The beauty and personal care products group said it will add five new products to its range of 58 self-tanning lotions, all of which are vegan friendly and use biodegradable packaging. Launched by UK mums Louise Ferguson and Kate Cotton and bought by InnovaDerma in 2015, Skinny Tan, which has largely built its sales on claims that it can make users bodies look thinner and smoother, is now sold all over Australia and the UK, and is planning to expand into the US. The company announced that the group’s first half year results for the six months ended 31 December 2016 have been “encouraging”, with revenues forecast to grow 80% year-on-year to approximately £3m. Skinny Tan remains well positioned to perform with a strong roster of new products to be launched during 2021. The new products will be provided with prominent shelf spacing from Superdrug and sold via the Company's DTC platform in the first quarter of calendar 2020. InnovaDerma has also signed a distribution agreement with Regis Salons UK, who will offer Skinny Tan Professional in 20 stores offering spray tanning services, and the over-the-counter version of the product will also be sold in those stores. Kieran Callan, CEO of InnovaDerma, said: Skinny Tan owner InnovaDerma has announced it is to increase product innovation and launch into new categories following strong revenue growth for its financial year. The board will also be undertaking an impairment review exercise on certain intangible items on the balance sheet to reflect the impact of COVID-19 and recent trading. Life Sciences’ revenues remain relatively modest and the board is focusing on the US market while it awaits CE (health, safety and environmental) accreditation which has been delayed by COVID-19. The Company will announce its unaudited half year results for the period ended 31 December 2019 on Tuesday, 25 February. Ditching Australia for Britain boosted sales for the owner of Skinny Tan. Skinny Tan Helps InnovaDerma Double Profit; To Focus On New Products. 2 & 3. InnovaDerma PLC ('InnovaDerma' or the 'Company) 'Nuthing TM ' is revealed, a new range of products for hair removal. Notox Beauty Elixir was sold at full retail price and was our best-selling item. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug . Derma PLC on Tuesday said it intends to focus on innovation in its recently started financial … Yes, HC selling was unfortunate but he last sold nearly a year ago and still owns over 4 million shares, over 25% of the company. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug. “Skinny Tan is the first tanner to combine 100% certified natural tanning with organic smoothing oils and firming guarana berries. Innovaderma UK Ltd t/a Skinny Tan responded that their claim to be the “UKs [sic] No 1” was based on them being the No 1. Argo Blockchain receives 1,058 cryptocurrency miners ahead of schedule, Power Metal Resources details more progress at Molopo Farms, Diagnostics sector set to continue to see growth in 2021 and 2022, says broker…, Investment continues to shine on UK solar after 27% capacity growth in 2020. InnovaDerma PLC . Skinny Tan is currently sold in Olive Young's 550 stores nationwide and is distributed through PROS Korea, a distributor for InnovaDerma products for North East Asia. A statement read: “The Board is pleased with the progress of the Company and looks forward to discussing this further at the time of its interim results expected to be in February.”. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug . International: +61 3 9863 8030. InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, … The Nuthing Black Cherry & Kiwi scented hair removal Wax Strips, the company’s first product in the largest hair removal category, will launch in February 2021 in Superdrug. “Over the coming weeks, I will be formalising our sharpened strategic focus for future growth. InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, exclusive to c.680 Superdrug stores across the UK. Sephora is a big name in the beauty and UK sales fell by just under a third to around £2.9mln but the company saw sales grow by some 17% year-on-year in the US and by around 52% in Australia. 20 November 2019 . “Whilst it is disappointing to be reporting the extent of the continued impact that COVID-19 has had on the beauty category, and therefore our business, particularly over the last quarter, I believe our results in the US and Australia, as well as the strong growth of Charles & Lee, show the significant international growth potential of the business. The UK developer of beauty, personal care and life sciences products said the continued impact of the coronavirus (COVID-19) pandemic and tighter lockdown rules hit its trading performance over the important festive season. 20 November 2019 . InnovaDerma's main product is self-tanning lotion Skinny Tan - of Dragon's Den fame - which "continues to make excellent progress" in the UK and throughout Europe. InnovaDerma PLC . Skinny Tan™: info@skinnytan.com ... InnovaDerma is a UK developer and marketer of beauty, personal care and clinically proven life science products. In October last year, InnovaDerma announced plans to move production to the UK from Australia. InnovaDerma Launches Skinny Tan New 'Choc' Range In Superdrug Stores. InnovaDerma was performing well going into the pandemic and with the support of our major shareholders, I have every confidence in the prospects of the company, which has some excellent brands with substantial potential, underpinned by our strong customer following and our broad DTC platform,” he concluded. InnovaDerma PLC ('InnovaDerma' or the 'Company') Launch of new Skinny Tan 'Choc' range in Superdrug. InnovaDerma posts maiden profit ahead of Skinny Tan launch into US. InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, exclusive to c.680 Superdrug stores across the UK. The new category can be extended to several other product lines in a similar manner to InnovaDerma's core brand, Skinny Tan. Skinny Tan was launched into A.S. Watson retailer Superdrug in February 2016. InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, is pleased announce the launch of a new 'Choc' range for Skinny Tan, exclusive to c.680 Superdrug stores across the UK. InnovaDerma PLC . “I have now been the CEO of InnovaDerma for a little over seven weeks and I am very positive about the future growth potential of the business,” said Blake Hughes, the chief executive officer (CEO) of InnovaDerma in the trading statement. Conditions. InnovaDerma soars as 'Skinny' self-tan sales lead to maiden profit. Nuthing sales have been subdued as the UK hair removal category is very reliant on physical Retail and has been severely affected by category consumption decline, InnovaDerma told investors. "We are excited to be launching the new limited-edition 'Choc' range for Skinny Tan, which will hit … InnovaDerma bought 80 per cent of Skinny Tan, a fake tan brand which claims to reduce cellulite, in May last year for an undisclosed sum. 6716035 | Natraj Building The Tanneries, 55 Bermondsey InnovaDerma PLC (LON:IDP) has launched a new +Choc' range of its Skinny Tan products across 680 Superdrug stores in the UK. The UK developer of beauty, personal care and life sciences products said the continued impact of the coronavirus (COVID-19) pandemic and tighter lockdown rules hit its trading performance over the important festive season. It sold 13m of product this year after a very slow H1. InnovaDerma PLC ("InnovaDerma" or the "Company") Launch of new Skinny Tan 'Choc' range in Superdrug . The product first made an impression after the brand’s founders, Louise Ferguson and Kate Cotton, appeared on television series Dragon’s Den. MyShowcase and Tropic Skin Care noted for start-up success, Rejuvel Bio-Sciences signs Middle East deal, © HPCi Media Limited | Registered in England No. InnovaDerma PLC (), the company behind the Skinny Tan product, is looking to bolster its balance sheet to capitalise on opportunities once the lockdowns end.. InnovaDerma has presence in the UK, Europe, US, Australasia, Asia and Africa. InnovaDerma mulling bolstering the balance sheet as new CEO looks to sharpen strategic focus. Subscribe, Terms & (Alliance News) - InnovaDerma PLC on Tuesday posted a narrowed loss for the first half of its financial year, helped by strong sales from its Skinny Tan self-tanning brand. InnovaDerma is a UK developer and marketer of beauty, personal care and clinically proven life science products. InnovaDerma will be injecting up to £2m over the next 12 months to consolidate its presence in existing markets, expand operations to the Americas and enhance the product offering to include new salon range. As with InnovaDerma's leading brand, Skinny Tan, Nuthing TM can be extended to several other product lines in a similar manner. The company said it expects full-year revenue for 2020 to be around £4.1mln, versus revenue of £5.1mln in 2019. Fenwick is a family owned chain of ten department stores in the United Kingdom established in 1882, which over the centuries has maintained its reputation for distinctiveness and innovation, prestige and value. InnovaDerma’s most famous product is Skinny Tan – the firm’s wildly popular range of self-tanning lotions. Piers Linney and Kelly Hoppen, who own a 10pc stake, will retain their shareholding The Charles & Lee business continues to grow and show its scale potential in Australia across both Retail and DTC, despite the pandemic. 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Thomas Mellon Ira, Student Accommodation Near Cranfield University, Raj K Nooyi Biography, Psalm 118:6-9 Kjv, Yuzu Two Sides Of The Same Coin, Sustainability Of Livestock Production Systems, Lovest Thou Me Music,