Lake & Skye is a mission-driven fragrance and wellness brand that debuted in 2015. Tru Fragrance made a minority investment in the brand in 2018.
Courtney Somer, CEO and founder of Lake & Skye, comments, “This acquisition marks an inflection point…I’m excited to continue our upward trajectory…I look forward to unlocking opportunities for growth and expanding our impact.”
What’s Next for Lake & Skye?
After the acquisition is finalized, Somer will become a minority equity owner and Chief Creative Officer.
Roxann Blasz will be Lake & Skye’s new president. With more than two decades of experience in the fragrance industry, Blasz has held executive positions at L’Oreal, Coty, and Oribe. Most recently, she was Global Sr. VP at Ralph Lauren Fragrances.
Eric Bilenko, CEO of Tru Fragrance & Beauty, says, “Over six years together, we’ve partnered with Courtney to elevate her products from cult favorites to category leaders—and we’re thrilled to take this next step to invest in its continued success.
Bilenko adds, “Founded on Courtney’s vision, Lake & Skye’s unique ability to connect well-being with scent resonates with consumers and aligns perfectly with Tru’s mission to nurture brands with purpose and longevity.”
More About Lake & Skye
Lake & Skye is known for its iconic 11 11 scents, including the flankers 11 11 Azure and 11 11 Vanilla. The brand also offers body care products and home fragrances.
This year, Lake & Skye expanded into all Ulta doors nationally. The brand’s retail partners also include Nordstrom, Blue Mercury, and Anthropologie stores.
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