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Forbes: Skims Reaches $5 Billion Valuation Amid Acquisition Speculation

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Forbes
TL;DR

Skims, co-founded by Kim Kardashian and Jens Grede, now has a $5 billion valuation after a $225 million funding round led by Goldman Sachs Alternatives, as reported by Forbes. CEO Jens Grede announced that Skims Beauty will debut in 2026 and a NikeSkims collaboration is planned for 2025.

Key takeaways

  • Shapewear brand Skims, co-founded by Kim Kardashian and Jens Grede, has achieved a $5 billion valuation following a $225 million funding round led by Goldman Sachs Alternatives, according to Forbes
  • CEO Jens Grede announced the planned launch of Skims Beauty in 2026
  • The company is also preparing for a NikeSkims collaboration in 2025
Shapewear brand Skims, co-founded by Kim Kardashian and Jens Grede, has achieved a $5 billion valuation following a $225 million funding round led by Goldman Sachs Alternatives, according to Forbes. CEO Jens Grede announced the planned launch of Skims Beauty in 2026. The company is also preparing for a NikeSkims collaboration in 2025. This rapid growth has fueled speculation regarding a potential Initial Public Offering (IPO) and rumors of a possible acquisition by Nike. Industry observers attribute Skims' success, in part, to the Gredes' proven ability to effectively pair celebrities with product offerings.

Related Topics

SkimsValuationFundingAcquisitionIPOShapewearKim Kardashian

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