Published by Global Banking & Finance Review®
Posted on September 8, 2025
1 min readLast updated: January 22, 2026
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Project Glow Topco, parent of Beauty Tech, is considering a London IPO despite market challenges, showcasing confidence in the UK finance sector.
(Reuters) -Britain's Project Glow Topco, the parent company of Beauty Tech Group, said on Monday that it is considering an initial public offering on the main market of the London Stock Exchange.
The London stock market has faced challenges through 2025, weighed down by low valuations, a raft of companies seeking listings abroad, and investor concerns compounded by lingering Brexit-related challenges.
This IPO move highlights Project Glow's confidence despite a cautious investor environment.
Cheshire-based company Beauty Tech, founded in 2009 as CurrentBody.com, makes and sells at-home beauty devices using lights and lasers. The company develops and retails products under the brands CurrentBody Skin, ZIIP Beauty, and Tria Laser and operates in more than 90 countries.
In fiscal 2024, Beauty Tech reported revenue of 101.1 million pounds ($136.55 million), and earnings before interest, tax, depreciation and amortisation excluding one-off costs and acquisition related expenses of 22.9 million pounds.
($1 = 0.7404 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Mrigank Dhaniwala and Sherry Jacob-Phillips)
Project Glow Topco is considering an initial public offering on the main market of the London Stock Exchange.
The London stock market has faced challenges due to low valuations, many companies seeking listings abroad, and investor concerns related to Brexit.
Beauty Tech Group develops and sells at-home beauty devices that utilize lights and lasers, operating under brands like CurrentBody.
In fiscal 2024, Beauty Tech reported revenue of 101.1 million pounds, equivalent to approximately $136.55 million.
Despite a cautious investor environment, Project Glow's IPO move highlights the company's confidence in its market position.
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