SKKY Partners, co-founded by Kim Kardashian and Jay Sammons, has made a significant minority investment in luxury skincare brand 111Skin to enhance its direct-to-consumer strategy and expand its international presence.

Information on the Target

111Skin is a luxury skincare brand that combines medical science with premium skincare, featuring innovative products such as cryotherapy-inspired de-puffing sheet masks and its best-selling Repair Serum, which includes a proprietary complex. Founded in 2022, the brand has established a loyal customer base and has gained notable popularity among high-profile admirers, including Kim Kardashian.

The brand's products are widely available through luxury retailers and exclusive partnerships with established hospitality groups like Four Seasons and Mandarin Oriental. In 2023, 111Skin reported revenues of £20.3 million ($24.9 million), with a significant portion of its sales coming from international markets.

Industry Overview in the Target’s Specific Country

The skincare industry in the UK has experienced substantial growth in recent years, driven by increasing consumer demand for high-quality and effective products. The rise in awareness of skincare benefits and the influence of social med