Skims from Kim Kardashian are now valued at around $4 billion.

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The company plans to announce on Wednesday that Skims has secured $270 million in a fresh investment round that values it at $4 billion.

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Investors valued the business at $3.2 billion last year, so this is an increase.

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Investors valued the business at $3.2 billion last year, so this is an increase.

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