Kim Kardashian, owner of the mega influencer shapewear brand SKIMS is in the works to achieve an IPO in the current fundraiser round.
The brand is currently amidst a fundraising round which has expectantly valued the fast-growing business at US $ 4 billion.
SKIMS is supposedly in a pre-IPO fundraise which is expected to offer a potential edge to the company in the coming 6 to 12 months.
The brand is looking to become a US $ 1 billion company with a growth rate of 100% by the end of 2023. Wall Street has projected for SKIMS valuation to strategically rise in the coming time.
The brand has been a part of brand campaigns for renowned names in the industry including Snopp Dogg.
Following the current success rate, the brand is expected to pull a new audience from Wall Street.
