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 Skims, founded by reality TV star and entrepreneur Kim Kardashian along with CEO Jens Grede, said on Wednesday it had raised $225m 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 me…
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