POP CULTURE
A large funding round has pushed Skims to a five billion dollar valuation, highlighting another huge moment for the quickly expanding brand.
Kim Kardashian’s Skims keeps climbing as one of the most powerful brands in modern fashion. The company has now reached a valuation of five billion dollars after securing a new funding round worth 225 million dollars. Skims launched in 2019 under Kim Kardashian and Jens Grede, and it quickly built an enormous audience.
Skims relies heavily on Kardashian’s massive online presence to stay connected to its customers, and that approach helped turn the label into an international force. The latest investment comes from Goldman Sachs Alternatives, with additional backing from BDT and MSD Partners. The new funding will support the company’s goal of surpassing one billion dollars in net sales next year.
The brand is also preparing to open physical stores in major cities, expand its global footprint, and grow beyond shapewear. Skims has already moved into clothing, swimwear, and activewear, and this new investment will push those categories forward even more.
Shoppers today want comfort, simplicity, and clothing they can wear every day. Skims recognized that early on and built a business around those needs. The brand’s clean aesthetic and consistent identity have helped it become a major fashion power in only a few years.
Skims became known for everyday basics that combine comfort, good fit, and easy design. Although the label began with shapewear, it has grown far past that with loungewear, underwear, essentials, swim pieces, and activewear that all share the same clean and simple vibe.
Each collection leans into soft materials, neutral shades, and silhouettes that work across a wide range of body types. The company plans to continue expanding with new storefronts, broader international reach, and additional categories that fit the way people want to dress today.
Skims has set its sights on becoming a full lifestyle brand, offering clothing that feels modern, practical, and ready for everyday life.
Skims’ momentum arrives during an intense moment for Kim Kardashian, who recently shared that she is dealing with a small brain aneurysm. Balancing a personal health concern with growing a major business, she continues to show how determination and ambition can move side by side.
