Kim Kardashian’s Skims , Is Now Valued at $4 Billion.br The company reached its newest br valuation after raising "$270 million in a recent funding round," 'USA Today' reports.br The shapewear brand was launched by Kardashian and Jens Grede just four years ago.br It has grown quickly, and we're so proud of that. We've had a really good flow of product launches, Kim Kardashian, via statement.br In addition to shapewear, the company now sells swimsuits and loungewear.br Men's clothing is expected br from the brand in autumn. .br Due to Skims' steady growth, the company intends br to open physical stores next year in Los Angeles br and New York City, 'USA Today' reports. .br Due to Skims' steady growth, the company intends br to open physical stores next year in Los Angeles br and New York City, 'USA Today' reports. .br Due to Skims' steady growth, the company intends br to open physical stores next year in Los Angeles br and New York City, 'USA Today' reports. .br Skims is on track to earn $750 million br in sales in 2023, up from $500 million br last year, says 'The New York Times.'.br Skims has maintained unprecedented momentum since the brand's inception. br We're thrilled to partner with the brand to support it through this pivotal growth stage, Michael Carmen, co-head of private investments br at Wellington Management, via statement.br Skims' success has raised questions about whether the company will go public.