The reality TV star co-founded this company in 2019, the value of which doubled in less than ten months.
Skims, the company co-founded by Kim Kardashian that sells sculpting underwear , has doubled its value in less than ten months, with investors throwing $240 million into it in a deal valuing it at $3.2 billion. of dollars.

The reality star turned businesswoman started the company in 2019 with fashion entrepreneur Jens Grede, with the idea of ​​offering stretch bras, briefs, bodysuits and bodysuits for all sizes.

Skims has since extended its range, with dresses, comfortable pants or hoodies.

The company has also forged several partnerships, creating mini-collections for the American Olympic team Team USA or in collaboration with Fendi.

Strengthen innovation
Skims had already raised $154 million in April 2021 in a funding round led by Thrive Capital and then valuing it at $1.6 billion.

The company has doubled its valuation with the new fundraising, led by Lone Pine Capital with participation from D1 and the investment companies already present in the capital Thrive Capital, Imaginary Ventures and Alliance Consumer Growth.

Skims plans to use the money to accelerate innovation, commercialization and partnerships with other brands, the company said in a message to AFP.

Kim Kardashian, 41, is also the creator of the KKW beauty brand. His fortune is estimated by Forbes magazine at $1.2 billion.


Write A Comment