Did Dragons Den invest in Skinny Tan?
After hearing the success after a year, all five Dragons showed interest, with Kelly Hoppen and Piers Linney sealing the deal with an offer of £60,000 for a 10% stake in the company. The company was sold for an undisclosed sum in June 2015, both co-founders and Hoppen and Linney remain shareholders.
What happened to Skinny Tan dragons den?
In June 2015, the business announced it had been acquired for an undisclosed sum by global beauty giant InnovaDerma for an 80% stake of the company. Hoppen and Linney will remain shareholders and Cotton and Ferguson are staying with the business but a return on investment hasn’t “been finalised as yet”.
What’s the most successful Dragons Den product?
Dragons Deborah Meaden and Theo Paphitis’ most successful investment, Magic Whiteboard was founded by husband-and-wife Neil and Laura Westwood. The stationary equipment is currently stocked in all major office supply stores with a customer base all over the world.
Is Skinny Tan a success?
In the independent consumer trials on 50 women with cellulite 84% reported that Skinny Tan had indeed smoothed their skin and helped dissimulate cellulite. 86% reported a better-looking body with Skinny Tan and 70% agreed it did indeed make them look thinner!
Is it OK to use green tan?
The only thing turning green is the bronzer, which is a temporary colour, but we don’t recommend using if its green. As fake tan reacts with the amino acids in the dead layer of your skin to turn you a temporary bronzed colour. If the tan is exposed to oxygen or to too much heat, the guide colour can turn green.
How much did Dragons make from Skinny Tan?
Skinny Tan launched in the UK in 2013, after company founders Louise Ferguson and Kate Cotton appeared on Dragons’ Den, winning £60,000 of financial backing from panellists Piers Linney and Kelly Hoppen.
Do the Dragons invest their own money?
Each Dragon is working as an individual investor. The Dragons can invest as little or as much of their own money as they want. A full investment may involve between one and five parties.
How much did Skinny Tan sell for?
Having sold in excess of £2million, Skinny Tan has seen phenomenal growth since Louise Ferguson and Kate Cotton formed it in 2012.
Why fake tan goes green?
As fake tan reacts with the amino acids in the dead layer of your skin to turn you a temporary bronzed colour. If the tan is exposed to oxygen or to too much heat, the guide colour can turn green.
Will my fake tan stay green?
In most cases, yes green fake tan will wash off, especially if it is just green because you had deodorant or moisturizer on (see above). If the false tan is off however and you are entirely green, once you’ve washed it off, the green sci-fi look usually goes down the drain and you will be left with a brown tan.
Which Dragon owns Skinny Tan?
Kate and Louise’s Skinny Tan Kate and Louise decided to use the investment of Pierce Linney and Kelly Hoppen to extend their brand.
When was skinny tan acquired by Dragons Den?
Acquired in June 2015 Any business which boasts profit figures of £600,000 for its first year is always going to turn heads in the Den and Skinny Tan did just that – attracting offers from all five Dragon investors.
When did skinny tan come out in the UK?
Skinny Tan launched in the UK in 2013, after company founders Louise Ferguson and Kate Cotton appeared on Dragons’ Den, winning £60,000 of financial backing from panellists Piers Linney and Kelly Hoppen.
Who are the Dragons on dragon’s den UK?
Dragon’s Den is a British television series which allows several entrepreneurs to pitch their varying business ideas to a panel of five wealthy investors or Dragons, in the hopes of securing a financial investment while offering a stake in their business in return. The show is presented by Evan Davis.
Where did Kate and Louise from skinny tan come from?
In the series, they said they spent 10 years in Australia but wanted to return to their homeland and extend their business. Kate and Louise launched Skinny Tan in 2012 while they were on maternity leave and made £600,000 worth of sales by their appearance on Dragons’ Den.