Kim Kardashian's Skims Hits $5 Billion Valuation After Funding Boost
TL;DR Summary
Kim Kardashian's apparel company Skims raised $225 million in new funding, boosting its valuation to $5 billion and increasing Kardashian's net worth to approximately $1.9 billion. The company, which has expanded into physical retail and beauty, plans to use the funds for growth, including opening new stores and launching new products, while Kardashian continues to be heavily involved in design and branding.
- Kim Kardashian Is Richer Than Ever After New Skims Funding Round Forbes
- Skims valued at $5 billion after new funding round as it accelerates store expansion CNBC
- Kim Kardashian’s Skims Is Worth an Extra Billion Dollars The New York Times
- Kim Kardashian’s Skims valued at $5bn after raising new funding The Guardian
- Kim Kardashian's SKIMS is already worth more than e.l.f. Beauty, Crocs, and Signet Seeking Alpha
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