24 November 2006
The Core Business: Results – Year ended 31 May 2006
[extract]
The Core Business PLC, ('the Company') the innovative beauty brand business, today announced its results for the year to 31 May 2006.
Highlights:
 Successful listing on AIM and raising of £235,000 after expenses.
Major consultancy projects undertaken for a range of personal, skin and hair care brands and lifestyle brands including:
Creation of a commercial and marketing strategy for Imedeen, the oral beauty supplement owned by Dutch pharmaceutical company Ferrosan Ltd;
Development of a business proposition for a male grooming range for Ministry of Sound;
Development and launch of a range of professional hair care products for Racoon International;
Creation and development of hair care brands for Lucinda Ellery, Clipso and a skin care brand for Coco Ribbon;
Undertaking market research and preparing an entry plan to the UK market for Black Up, a premium ethnic cosmetics company and developing a marketing, communication and retail strategy for cosmetics brand Sleek International;
Overseeing and guiding the re-launch of Manicare, a nail treatment and beauty accessory brand, and introducing its ranges to major retailers including Boots, Superdrug and Ideal World TV; and
Distribution secured for sun care brand Blockhead (in which The Core Business has an equity stake) through World Duty Free, www.mankind.co.uk and a distributor in Ireland.
Commenting on the results and outlook, Mark Watson-Mitchell, Chairman, said:
"The successful AIM listing and fundraising has taken The Core Business to a new stage in its development, the benefits of which will become apparent over the next year or so. The entire flotation process has helped to strengthen significantly the management's ability to secure new business. And the heightening of the Company's corporate profile has boosted the number of companies seeking its help in extending their own brands through the introduction of ranges of personal care, skin care and grooming products.
"This year is already showing enough progress to give the Board confidence in predicting a beneficial outcome to end May 2007."
ENDS
For further information, please contact:
The Core Business plc
www.thecorebusiness.co.uk
Stirling Murray, Chief Executive 020 7483 4300
Aquila Financial Ltd
www.aquila-financial.com
Peter Reilly 020 7202 2601
Notes to Editors
The Core Business was established in May 2004 by Stirling Murray to create, develop, launch and distribute personal care and beauty brands. It also provides consultancy and brand management services. The Company was listed on AIM in March 2006 under the ticker 'CORE.'
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