Kim Kardashian's shapewear brand Skims hits $5bn valuation

Kim Kardashian's shapewear brand Skims has reached a valuation of $5 billion, marking a significant milestone for the company. This achievement highlights the brand's growth and popularity in the fashion industry. In response to this success, Skims plans to expand its presence by opening more physical stores and broadening its business operations globally. This expansion strategy is expected to enhance the brand's visibility and accessibility, further solidifying its position in the market.