SKKY Companions, the consumer-focused personal fairness agency co-founded by Kim Kardashian and Jay Sammons, has acquired a major minority stake in skincare model 111Skin for an undisclosed quantity.
The funding will assist the UK-based firm broaden its direct-to-consumer enterprise, in addition to push additional into Asia and North America.
“We’re excited to affix forces with visionary companions that may assist us write the long run success story of our model.” co-founders Dr Yannis and Eva Alexandridis stated in an announcement.
With 111SKIN CEO Vanessa Goddevrind including: “The SKKY Companions crew has large expertise working with distinctive, growth-oriented manufacturers. They’re passionate champions of our core values and share our drive for excellence.”
David Brisske, SKKY Companions Managing Director, stated: “Eva, Yannis, Vanessa, and the 111SKIN crew have created and nurtured a coveted model with world-class merchandise and a loyal buyer base, which inserts completely with SKKY’s technique.”
“111SKIN has a powerful basis and vital ongoing potential, and we’re honoured to companion with the founders and management for the following part of progress.”
111SKIN is at present accessible in Harrods, Harvey Nichols, Liberty, Selfridges and SpaceNK within the UK.
About 111SKIN…
111SKIN is a luxurious skincare model based by Dr. Yannis Alexandrides, a famend plastic surgeon, and Eva Alexandrides.
The model is predicated on creating high-performance, science-led skincare merchandise that handle varied pores and skin issues.
Their formulations are impressed by Dr. Yannis’s expertise in surgical procedure and therapeutic, with merchandise incorporating cutting-edge substances like NAC Y2, a patented complicated designed to enhance pores and skin resilience, restore harm, and scale back indicators of getting old.
