Overview
- The $225 million round was led by Goldman Sachs Alternatives with participation from BDT & MSD Partners, valuing Skims at $5 billion.
- Skims said the capital will speed brick‑and‑mortar openings, international expansion, and investment in product innovation and new categories including activewear and beauty.
- The company expects to surpass $1 billion in net sales this year after reporting profitability in 2023.
- Skims operates 18 U.S. stores and two franchise locations in Mexico, with additional international flagships targeted for 2026, including London and Dubai.
- By securing fresh private financing, Skims gains runway to scale without near‑term IPO pressure as it builds on initiatives such as the NikeSkims activewear partnership.