Underwear and clothing brand Skims, owned by Kim Kardashian, is in the process of a new funding round that will value the company at approximately $4 billion. writes about it www.
Boston-based mutual funds and family offices are investing in pre-IPO funding to reprice the company’s value ahead of a possible IPO in the next 6 to 12 months.
Skims raised $240 million in January 2022. At that time, the brand was valued at $3.2 billion.
Skims is expected to reach approximately $1 billion in sales this year, with a growth rate of nearly 100%.
Skims CEO Jens Grede told WWD in 2021: “Our dream is to create a generation-defining brand. If there were Guess, Victoria’s Secret and Calvin Klein in the ’90s, today I want Good American, Skims and Frames to define them.
It’s a big ambition and if Skims continues to grow it will. [компания]It will definitely help make it happen.”
Previously reportedKim Kardashian attended the Dolce & Gabbana show in Puglia.