Creators of Glass Skin, Peach & Lily, partners of Sandbridge, the investors behind Farfetch and The RealReal



NEW YORK, February 10, 2020 / PRNewswire / – Peach & Lily Announces Strategic Growth Investment from Leading Global Investor of Consumer Brands Sandbridge Capital.

Peach & Lily, founded in 2012 by Alicia yoon, is known to have built the K-Beauty phenomenon in United States. In recent years, the company has launched two exclusive, fast growing brands: Peach & Lily and Peach Slices, sold on peachandlily.com, at Ulta Beauty (Peach & Lily) and at CVS Pharmacy and Target (Peach Slices). Peach & Lily is a premium brand celebrated for its 100% worry-free formulas and iconic products like Glass Skin Refining Serum and Super Reboot Resurfacing Mask. Peach Slices is a mass brand known for their clean, effective, and fun treatments, such as their Acne Spot Dots and Citrus Honey Aqua Glow.

“Our mission is simple: to help people transform their skin,” said Alicia yoon, Founder and CEO of Peach & Lily. “Skin care normally comes with a lot of tradeoffs. Efficient, but tough. Clean, but without results. We use the latest beauty technology to create gentle, highly effective and worry-free products. We are delighted to partner with Sandbridge and Ken suslowbecause their unique approach to creating authentic and iconic brands really resonated with us. Sandbridge’s expertise and track record, along with our shared values ​​of customer focus and the highest quality standards, will enable us to fulfill our mission on a much larger scale. “

Ken suslow, Founding Managing Partner of Sandbridge, added: “We are delighted to partner with Alicia and her exceptional team Peach & Lily. Alicia is already on track to create an incredibly authentic premium brand, artfully blending natural ingredients and efficacy in a refreshing and innovative product. modern approach to K-beauty. We see an ideal opportunity with the Peach & Lily brand to strategically leverage Sandbridge’s global brand building capabilities in support of the company’s trusted beauty platform and exceptional pipeline. new product innovation. “

Peach & Lily plans to expand internationally, bring more content to its loyal community, and launch an exciting experiential offering for customers. Added Alicia yoon: “You can expect new products and experiences that will bring our brands to life in new ways.”

About Peach & Lily:

Peach & Lily is a fast growing beauty company founded in 2012 by Alicia yoon, a Harvard Business School graduate with a background in finance and consulting and a passion for skin care. Alicia has struggled with severe eczema all of her life. She learned to take back control of her skin while training and practicing as a beautician in Korea and New York, and she is passionate about providing others with the right information and the right products to strengthen their own skincare journeys. Peach & Lily products are available at www.peachandlily.com and at Ulta Beauty. Sister brand peach slices are available at www.peachandlily.com and CVS Pharmacy and Target.

About Sandbridge:

Sandbridge Capital is a private investment firm with offices in Los Angeles and New York which invests exclusively in high-growth, global branded consumer companies, including representative strategic investments in Thom browne, The RealReal, Youth to the People, ILIA, Rossignol and Farfetch. Since its inception with the support of an iconic group of operators and consumer industry advisors, Sandbridge has forged strategic partnerships with brands in the luxury, beauty, health and wellness sectors. be and disruptive technologies based on consumption. For more information on Sandbridge, please visit http://www.sandbridgecap.com.

SOURCE Peach and Lily, Inc.

Related links

www.peachandlily.com


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