Last checked at 3 Aug 2021 07:00
3 August 2021
Warpaint London PLC
("Warpaint", the "Company" or the "Group")
Appointment of Non-Executive Director
Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, is pleased to announce the appointment of Mr John Collier as an independent Non-executive Director of the Company with effect from 1 September 2021.
Mr Collier is a Canadian national, based in New York, USA, who has spent nearly 30 years in the consumer goods industry, primarily at Revlon, the multinational cosmetics, skin care, fragrance, and personal care company. More recently, Mr Collier has been appointed as President of Swiss oral beauty and health company, vVARDIS Inc. Prior to founding his own New York based advisory business he was at Revlon between 1996 and 2018, latterly as President, North America. In this role he managed operations with approximately US$1.7 billion of annual sales, with responsibility for brand assets and commercial relationships spanning direct, e-commerce, speciality and prestige sales channels. His prior roles at Revlon included senior management positions with responsibility for brand and market development, including implementing e-commerce strategies.
Mr Collier will be a member of the Company's remuneration committee and its audit committee.
Commenting, Clive Garston, Chairman of Warpaint, said:
"We are very pleased to welcome John to the Warpaint board. He brings with him a wealth of experience in the cosmetics sector, including implementing sales strategies and brand development, covering both traditional and online sales channels. John brings extensive and valuable experience that will be particularly beneficial as we seek to grow our North American business."
Regulatory disclosures
The following disclosures are made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.
John Travis Collier, aged 50, has, or has been during the last five years, a director or partner of the following companies/partnerships:
Current directorships/partnerships
Vvardis
Coldon Group
Ross Institute
Previous directorships/partnerships
Revlon
Mr Collier holds no ordinary shares in the Company.
There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies.
Enquiries:
Warpaint London | c/o IFC |
Clive Garston - Chairman Sam Bazini - Chief Executive Officer Keith Sadler - Non-executive Director |
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Singer Capital Markets (Nominated Adviser & Joint Broker) | 020 7496 3000 |
Shaun Dobson, Tom Salvesen, Jen Boorer, Alex Bond - Investment Banking |
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Shore Capital (Joint Broker) | 020 7408 4090 |
Patrick Castle, Daniel Bush - Corporate Advisory Fiona Conroy - Corporate Broking
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IFC Advisory (Financial PR & IR) | 020 3934 6630 |
Tim Metcalfe Graham Herring Florence Chandler |
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Warpaint London plc
Warpaint is made up of two divisions.
The largest division sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, this division supplies own brand white label cosmetics produced for several major high street retailers. The Group also sells cosmetics using our other own brand names of Man'stuff, Body Collection, Vintage, Very Vegan, and Chit Chat.
The other division trades in close-out and excess inventory of branded cosmetics and fragrances from around the world.