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Kim Kardashian’s Skims Doubles Valuation to $3.2 Billion

The reality star’s underwear label raised $240 million in its latest funding round and is expecting to hit sales of $400 million.
Kim Kardashian West in Skims
Kim Kardashian’s underwear label Skims doubled its valuation to $3.2 billion from nine months ago. (Courtesy)

Kim Kardashian’s underwear label Skims doubled its valuation to $3.2 billion from nine months ago, as investors pour money into emerging brands expected to take market share.

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