Kim Kardashian’s SKIMS just leveled up again … the shapewear giant’s now worth a whopping $5 billion — a cool billion more than just two years ago!
The reality star made the big reveal alongside cofounder Jens Grede, announcing SKIMS just pulled in $225 million in new funding … sending the brand’s value soaring to its new sky-high number.
SKIMS is already holding it down with 18 stores across the U.S. — from NYC to L.A. to Atlanta — plus its massive online store. And with that new cash boost, Kim’s planning to take the brand worldwide.
The funding came from Goldman Sachs Alternatives — which also backed SKIMS in 2023 — with global head Beat Cabiallavetta telling the The New York Times the brand is “pioneering new categories and redefining everyday wear.”
Of course, Kim’s no stranger to shaking things up … just last month she dropped SKIMS’ now-infamous “pubic hair” thong line, and yep, she’s even dabbled in shapewear for your face.
Fair play to Kim — she’s turned shapewear into serious cha-ching!