Four years into its existence, Skims, the apparel company co-founded by Kim Kardashian, has become a unicorn four times over.
Skims has raised $270 million in a new funding round that values it at $4 billion, the company plans to announce on Wednesday.
That’s up from the $3.2 billion valuation investors gave the company last year.
Ms. Kardashian and her business partner, Jens Grede, have sought to turn Skims into the next big apparel brand.
“It has grown quickly and we’re so proud of that,” Ms. Kardashian said in an interview.
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