Overview
- Goldman Sachs Alternatives led the financing, with participation from BDT & MSD Partners.
- Skims says the capital will accelerate store openings and international growth while funding product innovation and new categories, including beauty.
- The company projects more than $1 billion in net sales in 2025 after generating roughly $750 million last year.
- Skims currently operates about 18 stores in the U.S. plus franchise locations in Mexico, with additional overseas sites slated to begin opening in 2026.
- Expansion priorities include the NikeSkims activewear partnership and a renewed beauty push after buying back SKKN assets and hiring Diarrha N’Diaye to lead beauty and fragrance.