Home New Look 2015 American brand Skims secures $225 mn to drive global expansion

American brand Skims secures $225 mn to drive global expansion

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Skims has secured $225 million in new funding led by Goldman Sachs Alternatives, valuing the brand at $5 billion.
The investment will accelerate global retail expansion, product innovation and category growth.
With 20 stores across the US and Mexico and strong momentum from the NikeSkims launch, the company is on track to surpass $1 billion in net sales in 2025, just six years after its debut.Skims has secured $225 million in new funding led by Goldman Sachs Alternatives, valuing the brand at $5 billion.
The investment will accelerate global retail expansion, product innovation and category growth.
With 20 stores across the US and Mexico and strong momentum from the NikeSkims launch, the company is on track to surpass $1 billion in net sales in 2025, just six years after its debut.