KIM KARDASHIAN: SKIMS Value Doubled to $3 Billion

Written by on January 28, 2022

More evidence that Kim Kardashian is a business genius.

Three years ago, she launched SKIMS. Bloomberg News calculated the company’s value at $3.2 billion. Only nine months ago, investors gave Kim a financial boost after estimating SKIMS was worth $1.6 billion.

She doubled the value of her company in less than a year. Thanks, in part, to sales in Kim’s undies skyrocketing last year by 90%. SKIMS has a wide range of options, including the original shapewear as well as loungewear, pullovers, sleep robes and turtlenecks.

Kim Kardashian’s business partner, Emma Grede, bragged, (quote) “Like how Lululemon and Starbucks created their own categories, we see an opportunity with SKIMS to create our own category in retail.” (Bloomberg)

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