Warpaint London, the beauty specialist that owns the W7 and Technic brands, reported 2019 results on Wednesday and said sales to the EU have grown, while a Tesco deal could be the first of many. But profits are down.
Warpaint London, which owns the W7 make-up brand, has announced a key deal with “a leading UK supermarket group”, although it didn’t tell us which one. It also released a trading update showing times are still tough.
Warpaint London, the beauty specialist that owns the W7 and Technic brands, issued a trading update for 2019 on Friday and it came with a profit warning. It also announced that it’s changing its current joint CEO set-up.
Warpaint, the owner of cosmetics brands W7 and Technic, has announced stellar sales for the first half of the year, up 38.7% to £18.4 million driven by its expansion and the strength of its W7 make-up brand.