Kim Kardashian’s Skims Valued at $5 Billion After Funding Boost

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Source: Bloomberg.com
Kim Kardashian’s Skims Valued at $5 Billion After Funding Boost
Photo: Bloomberg.com
TL;DR Summary

Kim Kardashian's apparel brand Skims has raised $225 million in a new funding round, valuing the company at $5 billion. The company aims to expand its physical store presence and product offerings, with plans to become a predominantly brick-and-mortar business, and expects to surpass $1 billion in net sales in 2025.

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