Kim Kardashian’s clothing line, Skims, is now worth an obscene amount of money – about $4bn! We should just shut down this planet then because the haves keep getting more!
Kim started a clothing line in 2019 with siblings Emma and Jens Grede – and the company’s value just keeps ballooning.
Reports say Skims was valued at $3.2bn at the start of last year and has continued growing, now worth a staggering $4bn.
This comes as the company landed another round of financing which brought in $240M.
The company has been on an upward trajectory since its founding – in 2021 it was worth $1.6bn, doubling that valuation a year later and now at a mythical $4bn mark.
Skims is also set to achieve net sales of $750M in 2023 — up from the nearly $500m it hit in 2022.
Just like Kanye with Yeezy before getting into trouble for other issues, Kim K is also killing it in the fashion industry.
Skims is an American shapewear and clothing brand co-founded by Kim Kardashian, Emma Grede and Jens Grede. Skims has a focus on body positivity and inclusivity across the brand and practice inclusive sizing.
Source: GhanaCelebrities.Com