Skinny Tan owner to launch into new categories and increase NPD

Published: 8-Jul-2019
Finance

InnovaDerma saw a 21% increase in revenue for 2019

You need to be a subscriber to read this article.
Click here to find out more.

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 company, which makes a range of cosmetic and beauty products, has seen a 21% increase in revenue to £13m in the year ended 30 June 2019, up from £10.7m the previous year, while pre-tax profit is expected to more than double from £670,000.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Innovaderma
See more

You may also like

Finance

Brand Architekts and Skinny Tan owner InnovaDerma complete merger

Read more
InnovaDerma's brands will join Super Facialist, Dirty Works, Dr Salts and Fish in the Brand Architekts portfolio

Trending Articles

  1. Revlon Group names retail veteran Michelle Peluso CEO Peluso joins the company on 4 November from CVS Health and replaces interim CEO Elizabeth Smith
  2. THG announces Ingenuity demerger Mike Ashley’s Frasers Group announced as investor as part of fundraising to spin off the technology arm
  3. Unilever sells controversial Russia subsidiary to Arnest Group The sale encompasses Unilever’s business in the country, its four Russian factories and its Belarus business
  4. John Lewis scraps CEO role under new chair Nish Kankiwala will no longer lead the British department store chain and owner of Waitrose supermarkets
  5. The Red Tree Consultancy The Red Tree is the UK's leading international beauty brand consultancy. We develop and steer your ideas, challenge your thinking, and deliver results. We have an unparalleled global perspective, and manage some of the best brands around. Making the complex simple: We understand the beauty business intimately and reach the heart of a client’s problem quickly. Unique in our approach, insight, and creativity, we deliver solutions that make a difference.

Upcoming event

British Beauty Week 2024

23-27 October 2024 See all

You may also like

Finance

Brand Architekts and Skinny Tan owner InnovaDerma complete merger

InnovaDerma's brands will join Super Facialist, Dirty Works, Dr Salts and Fish in the Brand Architekts portfolio
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Skinny Tan owner names new CEO

InnovaDerma's chief executive appointment has also served in top roles at Murad, Elizabeth Arden and P&G
Body Care

Skinny Tan delivers ‘exceptional performance’ over past year

Brand achieves the highest monthly revenues for parent company InnovaDerma for four months in the second half of financial year 2017
Finance

THG announces Ingenuity demerger

Mike Ashley’s Frasers Group announced as investor as part of fundraising to spin off the technology arm
Colour Cosmetics

Revlon Group names retail veteran Michelle Peluso CEO

Peluso joins the company on 4 November from CVS Health and replaces interim CEO Elizabeth Smith
Manufacturing

Unilever sells controversial Russia subsidiary to Arnest Group

The sale encompasses Unilever’s business in the country, its four Russian factories and its Belarus business
Finance

Revolution Beauty H1 sales drop 20% during ‘transformational year’

Revolution Beauty attributes dip to product portfolio simplification under its ‘Reigniting the Revolution’ strategy
Subscribe now