latest trading statement15 Jul 2009 13:17
The Core Business ("Core" or the "Company")
Trading Statement & New Debt Finance
The Company has experienced an improvement in order levels since the Trading
Statement made on 2 June 2009.
Following the launch of Bloom, the Australian colour cosmetics brand into 100
Superdrug stores in September 2008, the Company has launched the range into 6
Debenhams store in Ireland, into Arnotts a major department store in Dublin, and
is currently in negotiation with Superdrug to roll out Bloom into further
stores. Grace Your Face, a wholly owned skincare brand, launched in leading
French retail chain Monoprix in late June 2009. It is listed in 140 stores
across France. PureDerm a distributed skincare brand is in the process of
launching into the UK's independent pharmacy sector via a third party sales
team. Skin Benefits, a wholly owned brand, is undergoing a relaunch with
negotiations underway to launch the brand globally in partnership with a US
pharmaceutical distributor. The Company also recently secured its first listing
for a variety of its products in Holland and Barrett and launched 1-2 Dry, an
innovative personal care product, onto boots.com
The Company is also pleased to announce that it secured £50,000 of debt
financing through a short-term loan facility from Matt Cooper, Core's Chairman
(the "Loan Facility").