Kim Kardashians Skims Reaches Five Billion Dollar Valuation Following Major Investment Round

Kim Kardashian’s Skims clothing brand has achieved a five billion dollar valuation after completing its latest funding round. The company, founded by Kardashian and Jens Grede in 2019, attracted 225 million dollars in new investment as it aims to scale operations and solidify its place as a global omnichannel retailer. Skims has announced expectations to surpass one billion dollars in net sales this year across both online and physical retail channels.

Kardashian, who serves as chief creative officer, attributed Skims’ milestone to the efforts of the company’s team and partners. Skims has maintained strong popularity with Kardashian’s fanbase and consumers drawn to its inclusive size range and acclaimed product lines such as the soft lounge collection and cotton jersey t shirts.

The recent capital injection was led by the alternative investment arm of Goldman Sachs along with funds from BDT and MSD Partners. The funds will power Skims’ continued expansion, notably into activewear. In 2025, the company began collaborating with Nike on the NikeSkims athletic range, which is expected to further extend the brand’s reach.

Skims currently operates eighteen stores across the United States with two franchised sites in Mexico. British consumers can access Skims products online or through retail partners including Selfridges, Harrods, Net a Porter, and End Clothing. Plans were previously announced to open standalone shops in European cities such as London, Paris, Milan, and Berlin. The London location is anticipated to be situated on a high footfall street, such as Bond Street or Regent Street, given the United Kingdom is Skims’ largest market outside the United States. These European openings are yet to materialise but remain part of the company’s projected international growth strategy.

The organisational direction is shifting toward a greater presence in physical retail. Skims has signalled that it plans to become primarily store based within the next few years after demonstrating strong operational discipline and an ability to scale as a celebrity founded direct to consumer brand. Industry experts describe the company as exemplary in pivoting toward sustainable and profitable growth while maintaining brand equity.

This year has included both expansion and challenges. Skims faced criticism and calls for boycotts following its announcement to launch online sales and open up to fifteen outlets in Israel by 2026. Despite such hurdles, the successful valuation now brings fresh discussion about a possible initial public offering. Grede, chief executive and controlling shareholder alongside Kardashian, maintained the view that Skims remains positioned for public ownership in the long term. For now, the company continues to focus on quiet value appreciation as economic conditions remain variable and consumer spending patterns shift.