Company:Simple Sugars

From HandWiki
Simple Sugars
Headquarters
Pittsburgh, Pennsylvania
Key people
Lani Lazzari
Mark Cuban
ProductsSugar scrub
OwnerLani Lazzari
Websitewww.simplesugarsskincare.com

Simple Sugars is a Pittsburgh-based cosmetics company run by entrepreneur Lani Lazzari.[1][2][3][4][5] In 2013, Lazzari appeared in Season 4 of the United States reality television series Shark Tank where the business received a $100,000 investment from Dallas Mavericks owner Mark Cuban for a 33 percent stake.[6] A year later, Lazzari appeared again on Shark Tank.[7][specify]

Lani Laazari was 11 years old in 2005 when she started making skincare products for herself in her mother's kitchen. By age 13, Lazzari turned her hobby into a successful e-commerce business and named it Simple Sugars. In 2012, producers from ABC's "Shark Tank" reached out to Laazari to appear on the show and landed a deal with Mark Cuban, "for $100,000 for a 33 percent stake in the company."[8]

In 2017, Simple Sugars had under $2 million in sales.[9]

References

  1. Bauknecht, Sara (March 26, 2013). "Stylebook: Simple Sugars founder goes for swim in 'Shark Tank'". Pittsburgh Post-Gazette. http://www.post-gazette.com/stories/life/fashion/simple-sugars-founder-goes-for-swim-in-shark-tank-680846/. Retrieved April 30, 2013. 
  2. Bauknecht, Sara (December 2, 2012). "Person of interest: Lani Lazzari, teen entrepreneur". Pittsburgh Post-Gazette. http://www.post-gazette.com/stories/life/lifestyle/person-of-interest-lani-lazzari-teen-entrepreneur-664582/. Retrieved April 30, 2013. 
  3. Sudar, Sarah (May 17, 2011). "Clutch: Teen shows smooth business savvy". Pittsburgh Post-Gazette. http://www.post-gazette.com/stories/sectionfront/life/clutch-teen-shows-smooth-business-savvy-298144/. Retrieved April 30, 2013. 
  4. Harrop, JoAnne Klimovich (March 27, 2013). "Simple Sugars founder gets her turn in ‘Shark Tank’". Pittsburgh Tribune-Review. http://triblive.com/aande/moreaande/3706710-74/lazzari-simple-sugars. Retrieved April 30, 2013. 
  5. Zapf, Karen (February 22, 2009). "Home is where the business is". Pittsburgh Tribune-Review. http://triblive.com/x/pittsburghtrib/business/s_612758.html. Retrieved April 30, 2013. 
  6. Bauknecht, Sara (April 28, 2013). "Sweet success: Simple Sugars scrubs have wowed skin care market, TV's 'Shark Tank'". Pittsburgh Post-Gazette. http://www.post-gazette.com/stories/life/lifestyle/sweet-success-simple-sugars-scrubs-have-wowed-skin-care-market-tvs-shark-tank-685302/. Retrieved April 30, 2013. 
  7. Bauknecht, Sara (May 3, 2014). "Stylebook Snapshot: Simple Sugars still finds business sweet a year after 'Shark Tank' deal". Pittsburgh Post-Gazette. http://www.post-gazette.com/life/fashion/2014/05/04/Stylebook-Snapshot-Shark-Tank-participant-still-finds-business-sweet/stories/201405040052. Retrieved 2014-05-04. 
  8. Isbell, Faith. "Error: no |title= specified when using {{Cite web}}". https://www.bizjournals.com/bizwomen/news/latest-news/2018/08/how-her-simple-skincare-solution-became-a-10m.html?page=all#:~:text=Mark%20Cuban%20has%20helped%20Simple,than%20$10%20million%20in%20sales.. 
  9. Zetlin, Minda (2019-07-22). "These Are the 4 Smartest Investments Mark Cuban Made on 'Shark Tank'". https://www.inc.com/minda-zetlin/mark-cuban-shark-tank-best-investments-tower-paddle-boards-nuts-n-more-gameday-couture.html.