Kim Kardashian’s Skims Brand is Now Worth $4 Billion!

Published on July 21, 2023 | Published By: Denise | In Fashion , Net Worth

Kim Kardashian's skims is worth $4 billion. source: Page Six

Kim Kardashian’s Skims brand has reached $billion in its latest valuation.
Kardashian launched her shapewear brand in 2019.
The brand now focuses on shapewear, sexy swimsuits, and comfy loungewear.

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Kim Kardashian’s Skims reaches new heights

Kim Kardashian‘s Skims is producing both life-saving outfits and a lot of profit.

The reality star’s shapewear brand has reached $4 billion in its latest valuation after the company’s raise of $270 million in a new round of funding, according to the New York Times report.

The impressive figure is close to $1 billion more than the $3.2 billion valuation the investors gave the brand last year.

The Kardashians star who launched her company in 2019 saw the brand gaining $2 million in sales in just a few minutes after its site went live.

Kim originally focused on shapewear but she later expanded her line to more items like sexy swimsuits and comfy loungewear. Since then, Skims’ popularity seems to be just growing.

Every drop sells quickly within no time, with her followers buying up bras, panties, pajamas, socks, and other items in Kim’s signature neutrals and some new pops of color.

Kim Kardashian launched the brand in 2019. source: Page Six

The New York Times reported that the company has estimated it will reach $750 million in sales in 2023 after a remarkable $500 million profit last year.

Kim’s fans reacted to the good news on social media, saying,

”absolutely love skims panties & bras. The bra is like wearing a sports bra but gives u shape & the panties don’t ride up ur butt at every turn & there’s no panty lines in my leggings.”

Another gushed,

”Have any of y’all tried the bodysuit yet? I want to but my hot flashes keep me warm & I wanna know how comfy it is …”

Another buyer commented,

”Say what you want about the woman but the clothes are comfy and flattering as hell. I have 3 dresses and they look and feel great.”

Also, Read Kim Kardashian and Tom Brady Spotted Together at Michael Rubin’s Fourth of July white party!

Kardashian’s Skims saved a shot woman from bleeding out

The news comes shortly after a consumer named Angelina Wiley thanked the brand’s bodysuit for saving her life in a viral TikTok video.

The woman was wearing one of the $68 bodysuits while she was shot four times in Kansas City on New Year’s Eve sharing that “it was so tight on me that it literally kept me from bleeding out.”

Wiley claimed that her injuries would have been worse if she wasn’t wearing that bodysuit.

She said in her video,

“Kim Kardashian saved my life,”
“This New Year’s, I got shot four times. The night I got shot, under my dress, I was wearing a Skims shaping bodysuit,”

She recommended the bodysuits to other women and said that she is “definitely gonna buy some more” because she “should wear it every day.”

The 22-year-old captioned the video,

“Call it fate or Jesus, but Imma call it Kim,”
“no but fr, thanks kim”

Kim took notice of the video and reposted the video on her Instagram Story with the comment, ”wowww’‘ and the praying hand emoji.

After that, many followers urged Kim to make Wiley a model for her brand. One commenter wrote,

“send her a new one for free pls this girl can’t be walking around w a bullet hole in her skims.”

Angelina responded,

“The detectives have my skims bc it’s a part of the investigation so I have 0 skims now.”

Also, Read Kim Kardashian Breaks Down in Front of Sister Khloe Kardashian Over Her Ex Husband Kanye West!

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