Source: Kevin Mazur / Getty
It’s safe to say that Kim Kardashian is winning with her company SKIMS.
It was announced that the shapewear company is worth a whopping $3.2 billion dollars! According to CEO Jens Grede, the value doubled in the last nine months thanks to a $240 million dollar financing round that led to investors putting their dollars behind the company.
Last year, the company pulled in about $275 million in sales, and according to Kim, this latest valuation will help the company do even more innovative things over the coming months.
If you’re looking to get a piece of the pie by investing in Kim’s company, don’t, Kim and her Grede both say they don’t have plans to file an initial public offering right now.
Do you have any SKIMS products? What kind of review would you give SKIMS?
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