Kim's Skims Soars to $5B Valuation: Beauty Relaunch and Global Expansion Ahead

Kim Kardashian BioSnap a weekly updated Biography. Kim Kardashian has just experienced one of the most significant moments in her entrepreneurial career as Skims, the shapewear and lifestyle brand she co-founded, was valued at a monumental five billion dollars following a fresh two hundred twenty-five million dollar investment led by Goldman Sachs according to Forbes and Cosmetics Business. This latest funding round also saw participation from BDT and MSD Partners, positioning Skims at the very top of the celebrity-driven fashion industry and boosting Kim’s personal fortune to an estimated one point nine billion dollars. The move solidifies Skims as the Kardashian family's most successful brand to date, and Kim herself as chief creative officer emphasized the achievement as validation of her team’s dedication and her goal to innovate within the apparel space. Skims is not resting on its laurels. The brand is pivoting toward aggressive physical retail and international expansion, confirming plans to build more brick-and-mortar stores beyond the current established flagships. With Skims recently launching the NikeSkims collaboration, Kim has extended the brand’s influence deep into the athletic apparel sector, a strategic move applauded by fashion and business analysts in outlets like Fortune. Industry buzz is loud as Skims is on track to surpass one billion dollars in sales during 2025, with product innovation and new category launches leading the charge. Perhaps most biographically significant is Kim Kardashian’s announcement that she’s relaunching her beauty business under the Skims banner next year. After previously founding KKW Beauty and SKKN by Kim—both of which underwent iterations and buyouts—Kim reacquired Coty’s twenty percent stake this spring, uniting her cosmetics, skin care, and fragrance ventures under Skims for the first time. With Diarrha Ndiaye-Mbaye tapped to oversee the beauty expansion, Skims Beauty’s debut is anticipated to include fragrance and makeup, with Kim hinting at the return of fan favorites like her original lip liners. On the Call Her Daddy podcast, she stated her excitement for bringing back what truly works, promising a major launch. On the pop culture front, Skims triggered social media quakes with the Seamless Sculpt Face Wrap—a product designed for jawline contouring. Viral controversy struck when actor Anthony Hopkins donned the wrap in a tongue-in-cheek Instagram post, referencing his iconic Hannibal Lecter role and sending the product flying off shelves, as reported by Cosmetics Business. Additional buzz surrounded collaborations such as the October pairing with Tangle Teezer for limited-edition hairbrushes in Skims colors. Kim remains a fixture on celebrity social feeds. She was recently spotted at Kris Jenner’s extravagant seventieth birthday bash attended by British royals Meghan Markle and Prince Harry, with Elle reporting that photos circulated on social media before being deleted. While her socia This content was created in partnership and with the help of Artificial Intelligence AI.