The Boutique Group - TBTG Stock Price Target and Predictions

The Beauty Tech Group was founded on a simple idea: that professional beauty technology can be miniaturised safely and effectively to be used at home. The Group encompasses three exclusively owned innovative and premium brands –CurrentBody Skin, ZIIP Beauty and Tria Laser – under which it develops, manufactures and retails at-home beauty devices using aesthetic technologies that have been used in professional clinics for decades. These technologies, which feature in the more than 25 at-home beauty devices that the Group has launched, include LED light, radio frequency, microcurrent, and laser therapies. The Group sells its products in the UK and internationally to its global customer base via its D2C e-commerce channels and selected international retailers. Its products are now available in over 90 countries worldwide. The Beauty Tech Group’s solid go-to market strategy has put it at the forefront driving the rise in consumer awareness, and introducing the beauty technology category to a broader audience. The Group’s products are rigorously tested in a clinical setting, reinforcing the Group’s commitment to quality and delivering advanced skin therapies. The Beauty Tech Group is led by an executive management team with considerable experience in the e-commerce and beaty technology space, comprising CEO Laurence Newman, and CFO & COO Sam Glynn. They are supported by both a highly experienced non-executive board and senior leadership team as well as the Group’s 200+ employees. Laurence Newman, Founder and CEO of The Beauty Tech Group, commented: “I am incredibly proud of everything The Beauty Tech Group has achieved since we launched CurrentBody in 2009. From establishing ourselves as a global leader in the fast growing at-home beauty technology market to successfully completing this milestone listing on the London Stock Exchange, the Group continues to go from strength to strength. “As we enter the next stage of our growth journey, this IPO provides the perfect platform to increase awareness of our brands and take the Group to the next level, while delivering sustained and profitable growth. The continued momentum within the business and strong support from investors during our roadshow, gives us the confidence and financial firepower to fully capitalise on the significant opportunities that lie before us. “Most importantly, I would like to thank the entire Beauty Tech Group team. I am immensely proud of the business we have built together and am excited to embark on this next chapter as a listed business.”