micTruely Your Radio

International

Kim Kardashian’s Skims valued at $5bn after raising new funding

todayNovember 12, 2025 1

Background
share close

Skims plans to use new capital to broaden its intimates lines, and expand further into apparel and activewear

Skims, founded by reality TV star and entrepreneur Kim Kardashian along with CEO Jens Grede, said on Wednesday it had raised $225mn in new capital, valuing the shapewear label at $5bn.

Kardashian’s ventures, including her cosmetics brand SKKN, have attracted young shoppers and benefited from her vast social media following. Similarly, other celebrity-backed brands have also drawn venture capital investment, as firms bet on the marketing power and built-in audiences of high-profile founders to drive consumer demand.

Continue reading…

Source: www.theguardian.com

Read full article

Written by: truelightfm

Rate it

Similar posts

International

Trump calls Epstein emails a Democratic deflection after correspondence alleges president ‘knew about the girls’ – live

Trump says release of Epstein emails is a distraction from Democrats’ performance during shutdown; White House says they ‘prove absolutely nothing’Trump knew about Epstein’s conduct, newly released emails suggestDemocrat who could force Epstein vote to be sworn in after standoffIn a new batch of emails released by Democrats on the […]

todayNovember 12, 2025

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *