Kim Kardashian's Skims draws $5 billion valuation in reminder that, for the best consumer companies, there's always a market [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
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Source: Yahoo! Finance
But as a millennial woman, I can tell you that the grip is there. One of my best friends and I not only actively pay attention to Skims collaborations and drops, but send links back and forth in real-time. We're deciding not if we're buying something, but what. And on my 30th birthday, I told everyone who would listen: All I want is to sit on the beach and wear a sweatsuit Kim Kardashian made. The best I can do to explain the essence of what makes Skims so impressive is this: It's a triumph of aspirational marketing (cue, for example, the Dolce&Gabbana collaboration) and sleek accessibility in pricing and sizing. On the basis of its allure, I loved seeing the news drop yesterday that Skims raised $225 million at a $5 billion valuation. Goldman Sachs Alternatives led the round, and the company said that by the end of 2025, it will be on track to surpass $1 billion in net sales. “Skims speaks to the power of a consumer product that resonates with a lot of people,” said Shamin Walsh
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News
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- Spending and Saving Better in the New Year: Americans will spend an average of $4,700 to achieve their New Year's ResolutionsPR Newswire
- How Recent Developments Are Rewriting The First Citizens BancShares Investment Story [Yahoo! Finance]Yahoo! Finance
- First Citizens Names Snow Holding Middle Market Banking Leader for Northeastern United StatesPR Newswire
- Lumafield Secures $50 Million Growth Capital Facility from Silicon Valley BankPR Newswire
FCNCA
Earnings
- 10/23/25 - Beat
FCNCA
Sec Filings
- 12/5/25 - Form D
- 12/1/25 - Form 4
- 11/18/25 - Form 8-K
- FCNCA's page on the SEC website