Skims Valued at $5B, Plans Retail Expansion
Update: 2025-11-13
Description
Skims, co-founded by Kim Kardashian, secures $225M in funding, valuing the brand at $5B. The company plans to expand physical retail presence and grow internationally, aiming for $1B in sales this year. Skims, initially known for shapewear, now offers loungewear and competes in the mainstream sports and athleisure market. Despite controversies, the brand has experienced rapid growth and increasing market presence.
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