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Stock impact report

Armed with venture capital, Skims and Kim Kardashian write their 'second chapter' [Yahoo! Finance]

Victorias Secret & Co. (VSCO) 
Company Research Source: Yahoo! Finance
But more often than not, she simply had attached her name to a string of existing companies: QuickTrim supplements, Carl's Jr. salads, Skechers Shape-Ups, Sugar Factory confections, Midori liqueur, Silly Bandz bracelets, Beach Bunny swimwear, and so on. “We did every product that you could imagine — from cupcake endorsements to a diet pill at the same time, to sneakers or things that I didn't know enough about for them to be super-authentic to me,” the reality television star told The Times in 2019. “Like it all made sense a little bit, but it wasn't my own brand.” Skims, Kardashian's homegrown apparel company built upon her famous curves and her love of body-cinching shapewear, was on brand — and, finally, her brand. Its first years were marked by explosive growth. The start-up is now a retail juggernaut with around $1 billion in net sales and Kardashian has become a savvy entrepreneur with an eye for spotting and setting trends. Skims has made a huge dent in the shapewear mar Show less Read more
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