Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "skims"


7 mentions found


Kanye West no longer a billionaire
  + stars: | 2022-10-25 | by ( Chris Isidore | ) edition.cnn.com   time to read: +1 min
New York CNN Business —Rapper Ye’s falling out with corporate partners has cost him his status as a billionaire, according to Forbes. It estimated the Adidas deal accounted for $1.5 billion of his net worth, but Forbes now estimates it at a mere $400 million. Forbes said that the $400 million remaining of his net worth comes from real estate, cash, his music catalog and a 5% stake in ex-wife Kim Kardashian’s shapewear firm, Skims. Of course, it’s likely that Ye still considers himself a billionaire, given that he has complained for years that Forbes was underestimating his net worth. Forbes reported that in 2020 — when it first listed him as a billionaire — he texted the magazine saying, “It’s not a billion.
Now that Adidas yanked its deal, experts expect West's fortune to take a hit of hundreds of millions of dollars. One analyst warns West won't be able to restart his shoe brand so easily because Adidas owns Yeezy's designs. Now that the deal is terminated, experts estimate West's net worth will take a massive hit. Forbes estimates that ending the partnership with Adidas whacks West's fortune down to $400 million from $1.5 billion. Still, Swartz said restarting the shoe brand will be challenging for West as Adidas legally owns Yeezy's designs.
Walmart has rolled out Joyspun, a new intimates and sleepwear line. Walmart is overhauling one of its most popular apparel lines — its top intimates and sleepwear brand. Secret Treasures, Walmart's largest intimates and sleepwear line, drove $1 billion in sales last fiscal year — one of the retailer's 13 private brands of general merchandise to do so. Yet the intimates and sleepwear space has gotten more competitive, especially during the pandemic as people worked remotely and spent more time at home. Joyspun is also hitting Walmart's stores and websites ahead of the holiday season.
Kim Kardashian says that 'calmness' is what's helped her stay relevant for 20 years. She says her ability to take her time and do things right has helped her make calculated decisions. Prison reform isn't the most popular field to go into, but I always felt people deserve a second chance in life." If I were just posting about prison reform, I don't think people would care as much." "I stay really calm, and that is what gets me through so many situations," she said.
The Space Launch System (SLS) is 17 years and an estimated $50 billion in the making. The Space Launch System (SLS) at Kennedy Space Center in Florida on March 17, 2022. This first mission, called Artemis I, is a test flight that will carry no astronauts. The current iteration of SLS, called Block 1, stands taller than the Statue of Liberty at 322 feet, about 30 stories. NASA/Cory HustonIf Artemis I goes well, the next SLS mission will send an Orion spaceship around the moon with astronauts on board.
Kanye West — the musician turned fashion designer — is walking away from his partnership with Gap, his lawyer confirmed to Insider. Ending the contract means West is walking away from up to $75 million worth of Gap shares — plus millions more of potential future earnings. In July, a full two years after the line was announced, the Yeezy Gap Engineered by Balenciaga line was released. The sparse line — that includes anoraks, hoodies, and bodysuits — was the first of the Yeezy Gap label to be sold in stores. The Journal also reported new Yeezy Gap items would roll out in stores this year and that the retailer could continue to sell existing products.
Now she’s entering the secretive, not-so-pretty world of private equity, aka the land of “vulture capitalists.”Here’s the deal: Kim K is partnering with Jay Sammons, a former executive with Carlyle Group, to launch SKKY Partners, a private equity firm that plans to invest in areas such as consumer products, hospitality, luxury, digital commerce and media. “If I was a celebrity, I would jump in and start a private equity fund,” Hooke says. First up, the iPhone 14 (yes, 14! The iPhone 14 will start at $799, the same starting price as last year’s iPhone 13. The larger iPhone 14 Plus model will start at $899.
Total: 7