Kim Kardashian's Skims hits $4 billion valuation

Kim Kardashian's apparel brand, Skims, is 4 years old and worth $4 billion. Why it matters: It's a tour de force by Kardashian, who's already a billionaire and spawned a number of successful ventures. Skims raised $270 million at its new valuation in a funding round led by Wellington Management.…

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