Story perspectives
Skims Secures $225M Funding, Valued at $5 Billion
11/12/2025
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Story summary
- Skims, co-founded by Kim Kardashian and Jens Grede, raised $225 million led by Goldman Sachs Alternatives, valuing the brand at $5 billion.
- The funding will expand Skims' product lines and retail presence.
- Skims is known for inclusive sizing and operates 18 U.S. stores and two in Mexico.
- Kardashian's net worth rose to $1.9 billion after the fundraising.
- Skims is on track to exceed $1 billion in sales by 2025.
