Skims Raises $270 Million Series C to Hit a $4 Billion Valuation

Retail
Written By Rick Watson

The apparel brand founded by Kim Kardashian.

In case you don’t have enough Kim Kardashian news in your life, her brand Skims just raised a lot of money to continue to expand its global presence.  The company plans to use the funding to expand into new product categories as well as its presence in physical retail. I also hadn’t realized they were making their first steps into the UK market with a pop-up shop trial with Selfridges.

Retail Dive: Skims reaches $4B valuation

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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