Skims Valued at $5B, Plans Retail Expansion
Update: 2025-11-18
Description
Skims, the apparel brand co-founded by Kim Kardashian, has reached a valuation of five billion dollars following a $225 million fundraising round led by Goldman Sachs. The company plans to expand its retail presence and grow internationally, aiming to exceed one billion dollars in net sales by 2025. Skims, known for its shapewear and menswear line, has already made a significant impact in the industry and plans to invest in further product innovation and category expansion.
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