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Skims valued at $5 billion after new funding round as it accelerates store expansion
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' ...
Heritage Global Partners to Conduct Court-Ordered Auction of $4M+ in Brand-New Maternity Apparel from Seraphine USA, Inc.
Businesswire· 2025-11-12 19:05
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners ("HGP†), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the U.S. Bankruptcy Court for the District of Delaware (Case No. 1:25-bk-11516) to conduct an auction of over $4 million in brand-new and returned inventory from Seraphine USA, Inc., the U.S. operations of the internationally recognized maternity apparel brand. The Seraphine brand has gained global. ...
Anticipate further apparel and footwear price increases, says Morgan Stanley's Alex Straton
CNBC Television· 2025-11-12 19:03
So for more, let's bring in Alex Ratton. He is retail analyst at Morgan Stanley or she is. Alex, thank you so much for being here with us.It's so interesting your report because so many of us have tried to track pricing. Retailers we know aren't giving us a lot of details on what prices they're increasing, where or how much. And so all sorts of different data sources are trying to go at this.Can you explain to us, Alex, how you came up with your 3% increase. What apparel companies were in that. and just giv ...
X @Forbes
Forbes· 2025-11-12 19:00
Kim Kardashian is richer than ever. On Wednesday, her apparel company Skims announced it has raised $225 million in new funding, pushing its valuation to $5 billion—and adding $200 million to Kardashian’s fortune. https://t.co/xHawjafd8N📸: TheStewartofNY/WireImage via Getty Images ...
EssilorLuxottica: Disclosure of Share Capital and Voting Rights Outstanding as of October 31, 2025
Globenewswire· 2025-11-12 17:00
Disclosure of Share Capital and Voting Rights Outstanding as of October 31, 2025 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers) Paris, France (November 12, 2025 - 6:00 pm) – As of October 31, 2025, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below. Octo ...
Columbia Sportswear Names Copresidents, One of Whom Is a Boyle
Yahoo Finance· 2025-11-12 16:30
Columbia Sportswear is getting closer to passing the baton to another Boyle. On Wednesday, the Portland, Ore.-based brand named Joseph P. Boyle and Peter J. Bragdon copresidents. Boyle will oversee the flagship Columbia brand while Bragdon will be responsible for the other brands in the portfolio as well as the international business. More from WWD Joseph Boyle is the son of the 76-year-old chairman and chief executive officer Tim Boyle and the grandson of Gert Boyle who is considered the founder of the ...
Kim Kardashian’s Skims is now worth $5 billion after a massive $225 million funding round led by Goldman Sachs
Yahoo Finance· 2025-11-12 15:11
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 company just announced it’s secured $225 million in fresh funding led by Goldman Sachs Alternatives, valuing the six-year-old company at $5 billion. Lauren Hirsch from The New York Times was first to report the news. The investment round marks a significant milestone for Skims, which was co-founded by the 45-year-old socialite and Jens Grede, its CEO, in 2019. ...
On Holding shares surge over 20% as sportswear maker hikes outlook
Invezz· 2025-11-12 15:06
Shares of Swiss sportswear maker On Holding surged more than 20% in early trading on Wednesday after the company raised its full-year outlook for the third consecutive quarter, citing continued streng... ...
X @Bloomberg
Bloomberg· 2025-11-12 14:46
Kim Kardashian’s apparel brand Skims is raising new funds at a $5 billion valuation as the company looks to expand its store network and add new products. https://t.co/hUxynR2BBO ...
Columbia Sportswear Company Advances Its Succession Plans and Appoints Co-Presidents, Peter J. Bragdon and Joseph P.
Businesswire· 2025-11-12 13:45
Nov 12, 2025 8:45 AM Eastern Standard Time Columbia Sportswear Company Advances Its Succession Plans and Appoints Co-Presidents, Peter J. Bragdon and Joseph P. Boyle Share PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (Nasdaq: COLM, the "Company†), a global leader in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products, today announced that as part of its ongoing process to advance its succession plans ...