· skims has earmarked the new capital infusion to bolster its expansion plans. · skims, the shapewear brand co-founded by kim kardashian , has been valued at $5 billion after raising $225 million in new investment. · kim kardashian ’s skims is getting even bigger, literally. · with the recent $225 million funding round, skims is set to expand internationally, building on the success of its u. s. The brand has already opened franchise locations in mexico, marking its first steps into the global market. That includes adding more brick-and-mortar stores and building out its international presence. · kim kardashian may not have passed the bar, but her shapewear line, skims, is certainly raising the bar—and eyebrows—in the apparel industry. The shapewear giant has reached a staggering $5 billion valuation after securing $225 million in new funding led by goldman sachs alternatives, signalling an ambitious new phase of growth focused on global store expansion. · kim kardashian s skims is now valued at $5 billion after a new funding round. The company plans to open 16 stores in the us this year, bringing its total domestic footprint to 22. The company just announced it’s secured $225. According to the company, the round backed in part by goldman sachs will fund a wave of new store openings and accelerate global expansion. The brand plans to use the money to fund an expansion of physical stores. Skims, the shapewear brand founded by kim kardashian , is on an expansion tear as it nears $1 billion in annual sales, per business of fashion.
