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Skims valued at $5 billion after new funding round as it accelerates store expansion
Goldman SachsGoldman Sachs(US:GS) CNBC·2025-11-12 20:06

Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California.Kim Kardashian's Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion after its 2023 round.The deal comes as Skims nears $1 billion in annual net sales, six years after its 2019 launch, and marks one of the largest private raises for a U.S. consumer brand this year. BDT & MSD Partners' ...