IPO Watch
IPO Watch

Skims

$5B No date announced Private · no public filing Consumer / Apparel
Kim Kardashian's underwear and loungewear empire disrupting retail.
Evidence record · 23 September 2026
November 2025 equity financing valuation · SKIMS financing announcement ↗

SKIMS completed a $225 million equity financing in November 2025 that valued the company at $5 billion, according to the investor announcement. This is a private financing price, not an IPO price. No listing date has been announced.

Catalysts
Brand growth and new capital for expansion.
Risks
Consumer demand and retail execution; no public offering timetable.
FreeMalta Verdict
The $5B round is confirmed. A public listing is not.
What is SKIMS worth?
Its November 2025 equity financing valued it at $5 billion.
When will SKIMS IPO?
No date has been announced.
View Skims in The Garage
Method & disclaimer: This is an editorial watchlist, not investment advice. Company-announced financing values, reported secondary prices, targets and public-market prices are different measurements. A confidential filing is not a confirmed offer date. Every company file has a dated evidence record; some figures are explicitly reported estimates rather than company disclosures. FreeMalta's OpenAI partnership does not imply access to non-public IPO information. Do your own research before making any investment decision.

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