Core Business PLC (The)
15 June 2006
PRESS RELEASE
For immediate release: 15 June, 2006
Trading Update
The Core Business ('the Company'), the innovative beauty brand building
business, has won five new consultancy projects, including a contract with a
major blue chip retailer, and launched a new sun care brand since its shares
were admitted for trading on AIM in March 2006.
The Company is making rapid progress to implement its strategy to capitalise on
brand building opportunities in the personal care and beauty sectors with a
total of 29 new business presentations made since January 2006, compared to 12
presentations over the whole of 2005. Of the presentations this year, five have
generated new consultancy projects with a further 18 having created
opportunities which are at various stages of discussion.
The new sun care brand, Blockhead, in which the Company has an interest through
its 12.5% shareholding in Blockhead Brands Limited, and which launched just this
year, has become the best selling sun care brand on the retail website
www.mankind.co.uk. The brand is also now on sale through BAA outlets at both
Heathrow and Gatwick airports.
With the growth in the Company's activities, The Core Business has needed to
expand the team with the appointment of a Marketing Assistant.
The Core Business Chief Executive Stirling Murray said:
'The last three months have been very encouraging for The Core Business. When we
listed on AIM, we stated that the additional funds raised would allow The Core
Business to establish an infrastructure to identify and capitalise upon brand
building opportunities within the personal care and beauty sectors. We are
rapidly implementing our strategy to become a total beauty brand management
group and look forward to further updating the market on our progress in the
coming months.'
For further information, please contact:
The Core Business plc www.thecorebusiness.co.uk
Stirling Murray, Chief Executive 020 7483 4300
May Jennings, Executive Brand Director
Aquila Financial Ltd www.aquila-financial.com
Peter Reilly 020 7202 2601
Vivienne Macey 020 7202 2602
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 Core Business listed on AIM in March 2006 under the ticker 'CORE.'
This information is provided by RNS
The company news service from the London Stock Exchange