.KimKardashian has made some new friends on her way to Wall Street.
, including the opening of its L.A. flagship in early 2024, which the brand announced last month,” the statement said. “Continuing momentum behind the brand’s robust partnership pipeline will also remain a top priority.
Fueled by Kardashian’s high profile and good product reviews, the four-year-old company has grown rapidly. Skims said its sales are headed toward $750 million this year, up from $500 million in 2022. Skims has raised a total of $670 million in its short life and, should the market cooperate and an IPO does happen, those early investors just might be able to cash out in fine fashion.
The brand was founded by Kardashian and chief executive officer Jens Grede and has expanded its direct business online — Kardashian’s home turf — and also through wholesale accounts including Nordstrom, Saks Fifth Avenue, Selfridges, Ssense, Net-a-porter, Lane Crawford, Holt Renfrew and David Jones. A fleet of stores would help round out the business and give it a potentially huge new growth platform.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kim Kardashian Shocked By TikToker’s Claim That Skims Bodysuit Saved Her LifeAngelina Wiley, 22, said the shapewear was “so tight” that it stopped her from bleeding out after she was shot four times.
Read more »
Woman Claims Kim Kardashian's Skims Bodysuit Saved Her Life After She Was Shot 4 TimesA woman on TikTok is praising 'The Kardashians' star after she claims her Skims bodysuit saved her from bleeding out after being shot.
Read more »
Kim Kardashian bares her butt modeling sexy thong bodysuit for SkimsInstagram users praised the “Kardashians” star for showing some skin, with one fan gushing, “Her figure looks just like a Barbie doll.”
Read more »
Kim Kardashian’s Clothing Company Skims Now Worth $4BKim Kardashian’s clothing company Skims is now worth a staggering $4 billion, the business will reportedly announce Wednesday, after raising $270 million in a new funding round.
Read more »
Vikings WR Justin Jefferson snags Madden NFL 24's first 99 ratingAdding to the list of Justin Jefferson's extensive bragging rights just three seasons into his career, the Minnesota Vikings wide receiver is now part of a pretty exclusive club.
Read more »