Entertainment

Kim Kardashian’s company SKIMS is currently worth $ 3.2 billion

# Roommates, Kim Kardashian’s loungewear, shapewear, underwear SKIMS Since the brand was launched in 2019, it has been popular with enthusiastic fans, and its loyalty has given the company a new reputation of billions of dollars. According to a recent financial report, Kim Kardashian’s company SKIMS is currently valued at $ 3.2 billion, which has doubled in the last nine months.

@ Bloomberg Report, $ 240 Million Financing roundLed by hedge fund Loan Pine Capital and investment firm D1 Capital Partners, has doubled the value of Kim Kardashian’s popular brand SKIMS in less than a year. According to the company’s CEO, Jens Grede, SKIMS is currently valued at $ 3.2 billion, significantly different from the previous $ 1.6 billion valuation in April 2021.

Kim said in an email about the company’s latest figures: “In this latest round, we can focus on delivering more innovations and solutions to our customers and becoming more reliable resources for them.”

SKIMS sales increased about 90% last year to $ 275 million annually, but the latest estimates suggest that this year’s sales could reach $ 400 million.

Kim Kardashian and Gled previously gained control of the company. It is reportedly subject to change in the future, but at this time there are no plans to sell the business or apply for an initial public offering.

Want to make tea directly into your text inbox? 917-722-8057 or Click here to join!




Kim Kardashian’s company SKIMS is currently worth $ 3.2 billion

Source link Kim Kardashian’s company SKIMS is currently worth $ 3.2 billion

Show More

Related Articles

Back to top button