Daily Mail

Tanning deal lifts shares

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SHARES in Innova-Derma soared after the Skinny Tan owner secured a deal to stock the best-selling self-tanner in Boots.

The firm, which specialise­s in treatments for self-tanning, hair care and skin rejuvenati­on, has signed a deal to stock the product in at least 35 Boots stores across Ireland.

Skinny Tan was founded by Essex pair Kate Cotton and Louise Ferguson who, in a bid to change the perception of fake tans, perfected a formula designed to be indistingu­ishable from the real thing. InnovaDerm­a, which acquired the brand in May 2015, said that trading for the year had so far been very strong. Shares rose 20.4pc, or 57p, to 337p.

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