• Kim Kardashian's SKIMS Brand Doubles in Valuation to $3.2 Billion USD

    3 monthes ago - By Hypebeast

    Kim Kardashian 's underwear business continues to take off as news of her brand SKIMS doubles in valuation. Kardashian's shapewear brand has recently raised $240 million USD in fresh funds, showing that investors are betting on the success of her empire. Other than SKIMS, Kardashian also runs a lucrative makeup brand KKW, which has continued to gain an immense following from young consumers due to the TV personality's popularity and social following. According to Bloomberg , the latest funding round for SKIMS was led by hedge fund Lone Pine Capital and was joined by another investment...
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  • Skims doubles valuation to 3.2 billion dollars

    Skims doubles valuation to 3.2 billion dollars

    3 monthes ago - By Fashion United

    Image: Steven Meisel
    Kim Kardashian woke up richer this morning. The entrepreneur's solutionwear label Skims has doubled its valuation to 3.2 billion dollars from nine months ago. Investors are continuing to cut big checks to emerging brands, like Skims, making Kardashian's brand a big target for investors with deep pockets. The news was reported by Bloomberg.
    The latest round of 240 million financing was led by hedge fund Lone Pine Capital who was joined by D1 Capital Partners. Existing investors including Imaginary Ventures, Alliance Consumer Growth, and Thrive Capital also...
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