BGF funding for beauty and cosmetic range
In March 2015 BGF invested £10m in SLG, the Gloucester based beauty and cosmetics group. Family run, the company employs 160 staff, with studios in Cheltenham and a manufacturing plant in Gloucester and exports products to 31 countries.
Husband and wife team Graham and Bobbie Dunkley set up SLG in 1985, by making specialist cosmetics applicators such as make-up sponges. This developed into making white-label cosmetics for high-street UK retailers such as Boots, Superdrug, Debenhams and Marks & Spencer.
Graham and Bobbies’ son, Miles, joined the business as MD in 1996 and with a background in design, Miles has helped SLG develop its own portfolio of licensed-brand cosmetic products.
David Clensy of The Bristol Post recently caught up with Miles, as well as BGF investor Ned Dorbin, to ask how BGF’s £10m investment is being used to fund new product ranges:
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