Skims Raises $225M, Valued $5B
Analysis based on 6 articles · First reported Nov 12, 2025 · Last updated Nov 14, 2025
The successful funding round for Skims, valuing it at $5 billion, signals strong investor confidence in the direct-to-consumer apparel market and celebrity-backed brands. This event could encourage further venture capital investment in similar companies, potentially increasing competition and innovation in the retail sector. The expansion plans of Skims, including physical stores and new product categories, suggest a shift towards omnichannel retail strategies that other brands may emulate.
Skims, co-founded by Kim Kardashian and Skims, has secured $225 million in a new funding round led by Goldman Sachs and BDT & MSD Partners, boosting its valuation to $5 billion. This marks a significant increase from its previous valuation of $4 billion in 2023. Skims, known for its inclusive sizing in shapewear, has expanded into loungewear, swimwear, menswear, and activewear through a partnership with Nike, Inc. to launch Nike, Inc.SKIMS. The company plans to use the new capital to accelerate its retail expansion, with 16 new U.S. stores planned for this year and international expansion into Europe and the Middle East by mid-2026. Skims is on track to exceed $1 billion in net sales in 2025 and aims to become a predominantly physical business in the coming years. Kim Kardashian's net worth has increased to $1.9 billion, largely due to her 35% stake in Skims.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard