Kim Kardashian Gets Even Richer: In Just 9 Months, Skims Is Now Worth $3.2 Billion

In just 9 months, 41-year-old Kim Kardashian’s Skims brand doubled in value. Indeed, the brand is now worth $3.2 billion or £2.4 billion. let’s remember that the star of KUWTK at launched this clothing brand in 2019. The ex of Kanye West, 44, had notably started selling clothes shapewear for women. Currently, the brand also offers loungewear and turtlenecks.

Following a fundraiser, a new assessment has been carried out on the Skims brand. In April 2021, the Skims brandwas worth $1.6 billion, according to Bloomberg. Only, during the year 2021, its sales increased by 90% reaching nearly $275 million. Which leads to a more than impressive turnover reaching 400 million dollars for the year 2021. Of course, Kim Kardashian did not fail to speak on this excellent news. “This last round will allow us to focus on bringing innovation and solutions to our customers and becoming even more of a trusted resource for them“, she said in particular.

Kim Kardashian’s Skims Backs Team USA Collab

The weight of the brand Skims is, today, undeniable. Moreover, this impact is surely the motivation behind the extension of the collaboration with Team USA. Remember that the Skims brand has equipped the national team with loungewear and underwear during the 2020 Summer Olympics in Tokyo. This enormous victory therefore continues since the brand will still provide merchandise for the team at the 2022 Winter Olympics in Beijing.

“My goal for Skims is to continue to expand our product offering and find new ways to create solutions that work for all women, all the time“, Kim Kardashian told vogue Last year. This increase in value still provides beautiful days for the brand of the ex-wife of Kanye West.

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