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Skims valued at $5 billion after new funding round as it accelerates store expansion
Kim Kardashian's Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.
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theguardian.com
Kim Kardashian’s Skims valued at $5bn after raising new funding
Skims plans to use new capital to broaden its intimates lines, and expand further into apparel and activewear
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cnbc.com
Skims valued at $5 billion after new funding round as it accelerates store expansion
Kim Kardashian's Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.
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bbc.com
Kim Kardashian's shapewear brand Skims hits $5bn valuation
The funding round is one of the biggest this year for a US consumer brand and comes as the firm faces fierce competition.
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ft.com
Skims puts a $1bn price on keeping up with the Kardashians
Shapewear brand’s $5bn valuation factors in a premium for the founder’s star power