Kim Kardashian’s Skims model locked in $5 billion valuation with Goldman Sachs-led funding spherical to gas main retail development.

Kim Kardashian locked in a $5 billion valuation for her shapewear model Skims after closing a $225 million funding spherical led by Goldman Sachs, setting the stage for a significant international retail growth.

The deal, finalized on November 12, 2025, marks one of many largest client model funding rounds of the yr and pushes Kardashian’s private internet value to an estimated $1.9 billion, in keeping with Forbes.

The contemporary capital will assist Skims’ plans to scale its bodily retail operations and strengthen its worldwide footprint.

“We can’t wait to take Skims to the next level as we continue to innovate and set the standard for our industry,” Kim Kardashian said in a statement.

Skims, co-founded by Kardashian and CEO Jens Grede, has developed from a direct-to-consumer shapewear startup right into a full-fledged way of life label providing loungewear, activewear and style fundamentals.

The firm presently operates 18 shops throughout the U.S. and companions with main international retailers.

Grede stated the corporate’s projected income for 2025 is predicted to high $1 billion, calling the milestone a mirrored image of the model’s long-term technique and execution.

Initially launched in 2019 below the title “Kimono Intimates,” the model rebranded as Skims after dealing with public backlash over issues of cultural appropriation.

Since then, it has gained traction through celebrity endorsements from Megan Fox and Paris Hilton, as well as the Kardashian family’s massive online reach.

The firm plans to focus “predominantly” on brick-and-mortar development within the coming years, aiming to compete with legacy athleisure manufacturers like Lululemon and Alo Yoga in a crowded wellness and style market.

Industry analysts say Skims’ rise mirrors a shift in client demand for inclusive sizing and body-positive attire, an space the place conventional athletic manufacturers have usually lagged.

The newest funding spherical positions Skims to develop its market share whereas persevering with to redefine the shapewear and athleisure area.

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