Skims, the underwear brand founded by Kim Kardashian, said its market value has doubled to $3.2 billion over the past nine months amid surging sales. Last year, the company reported an increase in …
Thrive, the New York-based venture firm, is led by Joshua Kushner, the brother of former White House official Jared Kushner and the husband of supermodel Karlie Kloss, a close friend of Kardashian.
Skims plans to use the freshly raised cash to expand its operations abroad, including the United Kingdom, China, Australia, and the Middle East. Grede told Bloomberg that there are currently no plans to sell the company or to take it public, but that could change in the future.
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