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NEWS
PZ Cussons outlines St Tropez growth plan
POSTED 08 Oct 2010 . BY Sarah Todd
Following the recent acquisition of St Tropez by PZ Cussons from private equity group LDC for £62.5m (71.4m euro, US$99.4m), the group's chief executive has outlined international growth plans for the sunless tanning product range.

Chief Executive of PZ Cussons, Alex Kanellis, said: "The acquisition of the St Tropez brand represents an excellent strategic opportunity for PZ Cussons and further strengthens our portfolio of 'masstige' brands which includes The Sanctuary.

"We see good growth opportunities, both in the UK and overseas, particularly by linking the strategy to that of The Sanctuary spa brand. Following this acquisition, our balance sheet remains strong, giving us flexibility for further investment opportunities as they arise."

Michelle Feeney, St Tropez's Chief Executive, added: "PZ Cussons offers a synergistic opportunity for growth, particularly in conjunction with The Sanctuary, and will add the scaleability that the brand needs to become a truly international player."

As of the year ending 31 July 2010, St Tropez reported gross assets of £48.1m (54.9m euro, US$76.5m) with revenue at £20.7m (23.6m euro, US$32.9m) and earnings at £7.4m (8.4m euro, US$11.7m).

More than 80 per cent of St Tropez's sales are said to be within the UK, while the US and Australia have been outlined as growth markets for the brand.

Approximately 30 products are available within St Tropez's retail product range, in three core categories - self tan, gradual tan and wash off. Tanning optimising products are also available while all manufacturing is outsourced to third parties. Details: pzcussons.com

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News   Products   Magazine   Subscribe
NEWS
PZ Cussons outlines St Tropez growth plan
POSTED 08 Oct 2010 . BY Sarah Todd
Following the recent acquisition of St Tropez by PZ Cussons from private equity group LDC for £62.5m (71.4m euro, US$99.4m), the group's chief executive has outlined international growth plans for the sunless tanning product range.

Chief Executive of PZ Cussons, Alex Kanellis, said: "The acquisition of the St Tropez brand represents an excellent strategic opportunity for PZ Cussons and further strengthens our portfolio of 'masstige' brands which includes The Sanctuary.

"We see good growth opportunities, both in the UK and overseas, particularly by linking the strategy to that of The Sanctuary spa brand. Following this acquisition, our balance sheet remains strong, giving us flexibility for further investment opportunities as they arise."

Michelle Feeney, St Tropez's Chief Executive, added: "PZ Cussons offers a synergistic opportunity for growth, particularly in conjunction with The Sanctuary, and will add the scaleability that the brand needs to become a truly international player."

As of the year ending 31 July 2010, St Tropez reported gross assets of £48.1m (54.9m euro, US$76.5m) with revenue at £20.7m (23.6m euro, US$32.9m) and earnings at £7.4m (8.4m euro, US$11.7m).

More than 80 per cent of St Tropez's sales are said to be within the UK, while the US and Australia have been outlined as growth markets for the brand.

Approximately 30 products are available within St Tropez's retail product range, in three core categories - self tan, gradual tan and wash off. Tanning optimising products are also available while all manufacturing is outsourced to third parties. Details: pzcussons.com

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Sauna advocate Becky Pelkonen drafts global public sauna-bathing charter
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Marriott International partners with Fitwel for wellness solutions across its residential portfolio
Marriott International has partnered with Fitwel, a healthy building certification system that aims to optimise occupant health.
Anna Bjurstam steps down from Six Senses to build new company Wahayla
Anna Bjurstam has left her role as Wellness Pioneer at Six Senses Hotels and Resorts and launched a new wellness, longevity and “consciousness consultancy” called Wahayla.
Fairmont Cheshire, The Mere, opens with spa philosophy of ‘Wellness without Walls’
Fairmont Cheshire, The Mere, has opened today (10 July) in the Northwest of England with a 1,715sq m Fairmont Spa that has been designed using a ‘Wellness without Walls’ concept.
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Lefay Resorts introduces emotional dance classes to offer experiences that foster connection
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FEATURED SUPPLIERS

MSpa Oslo series: a timeless bestseller
The MSpa Oslo series is a perennial bestseller in global markets. With innovative engineering and premium performance, this completely portable spa line-up is expertly designed to meet the needs of customers worldwide. [more...]

Elemis launches its first Red Light Mask, lighting the way to advanced skin health and restoration
Elemis has branched into LED skincare with the launch of its breakthrough Red Light Mask. [more...]
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ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS