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Annual Review 2006 - PwC

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Case<br />

Study<br />

Napoleon<br />

Perdis<br />

Cosmetics:<br />

Styling for<br />

success<br />

In 1995, at age 24 and 22 respectively, Napoleon Perdis and his<br />

brother Emmanuel gathered just enough capital to open a<br />

cosmetics store in Paddington. Only a decade later, Napoleon<br />

Perdis Cosmetics has locations across the globe and is a rapidly<br />

growing multi-million dollar business.<br />

In <strong>2006</strong>, Emmanuel was in search of business advice when he met<br />

with <strong>PwC</strong>’s Private Client Services (PCS) Sales Director, Geoff<br />

Carter, and Gregory Will, a partner in Tax & Legal PCS. It was clear<br />

that the Perdis’ business could benefi t from the PCS offering.<br />

PCS was soon engaged as the company’s tax advisor and within<br />

fi ve months, the team was also advising the business on options<br />

for refi nancing and international expansion.<br />

The brothers continue to seek guidance from <strong>PwC</strong> as they structure<br />

their plans for future growth.<br />

“The firm’s ability to balance a<br />

huge global network and still be<br />

able to understand a mid-sized,<br />

high-growth private client is quite<br />

astounding.”<br />

Emmanuel Perdis<br />

Co-founder<br />

Napoleon Perdis Cosmetics<br />

<strong>Annual</strong> <strong>Review</strong> <strong>2006</strong> 45

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