Call her the $4 Billion Woman! On July 19, The New York Times reported that, following a fresh round of investor funding, Kim Kardashian's SKIMS clothing line is now valued at a whopping $4 billion. "It has grown quickly, and we're so proud of that," the reality star, 42, told the paper.
"We've had a really good flow of product launches." Those launches have expanded the company from shapewear into the swim and loungewear market, with plans to expand into men's duds and to open brick and mortar stores, as well. What's more, just four years after Kim started the venture in 2019, the company is on track to rake in $750 million in sales this year, up from $500 million in 2022. "She worked really hard at getting SKIMS to a certain level, but even she's shocked by its success," admits an insider. "Kim's on top of the world."
NO KEEPING UP.....
It's sweet revenge on those who doubted her venture from the outset. "Kim is laughing at all the naysayers, even family members like sister Kourtney who criticized her ambition as being just greedy," says the source. "Call her money-hungry if you like she's laughing all the way to the bank."
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Brianna to Ex Zach: KEEP YOUR MONEY!
\"The last year of my life has been the hardest year of my life, dealing with the abuse from this guy,\" said Bri.
KELLY MAKES PEACE WITH BRANDON
After locking horns in one of Hollywood's nastiest divorces, Kelly Clarkson and ex-husband Brandon Blackstock are back on civil terms.
CHARLIZE: MY LIFE FEELS COMPLETEN
As her 50th birthday approaches, Charlize Theron finds the perfect balance of work, family and fun!
Inside Their Sweet Bond
Learn how the Prince of Wales' only daughter has helped him cope amid a \"brutal\" year for Britain's royal family!
THE TRUTH ABOUT OUR ROMANCE
John Mulaney and Olivia Munn may be happily married now, but in the newest issue of GQ, the actress, 44, admits that she barely knew the comedian, 42, when she found out that she was expecting their son, Malcolm, in 2021.
Jessica & Eric HEADED FOR DIVORCE?
Where did his ring go? Jessica Simpson's husband, Eric Johnson, stepped out in LA on Nov.12 sans wedding band, further fueling rumors that he and the \"Irresistible\" singer, 44, have split.
Kanye's TELLING ALL
The Kardashians are bracing themselves for Kanye West's upcoming Netflix documentary, In Whose Name?
Shaun & Nina ENGAGED AT LAST
Finally! After five years of dating, Shaun White and Nina Dobrev are officially getting married.
JAMES VAN DER BEEK: THE FIGHT OF MY LIFE
The Varsity Blues actor reveals that he's been undergoing treatment for colorectal cancer
WHY JUSTIN DISAPPEARED
Those closest to Justin Bieber worry recent events may be triggering his mental health struggles...