SKIMS

Designs and produces shapewear and loungewear

Culver City, California, United States

About SKIMS

SKIMS designs and produces underwear, loungewear, and shapewear that cater to a variety of body types. Their products are made to be comfortable while enhancing the natural shape of the wearer. The product line includes shapewear, stretchable underwear, and versatile loungewear, all aimed at modern consumers who value comfort and functionality. SKIMS primarily sells its products directly to customers through its website, allowing for better control over branding and customer experience. This direct-to-consumer approach helps the company maintain higher profit margins by eliminating middlemen. SKIMS stands out in the market by focusing on inclusivity and offering a wide range of sizes and styles, making it appealing to individuals looking for stylish and comfortable undergarments. The company's goal is to set new standards in the apparel industry by providing high-quality, comfortable clothing that meets the needs of diverse consumers.

Culver City, CaliforniaHeadquarters
2018Year Founded
$650.8MTotal Funding
SERIES_CCompany Stage
Consumer GoodsIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Fertility Treatment Support
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Professional Development Budget

Risks

Loss of key marketing personnel could impact brand strategy and execution.
Increased competition in shapewear market may dilute Skims' market share.
Challenges in maintaining exclusivity as Skims expands into brick-and-mortar retail.

Differentiation

Skims offers a wide range of inclusive shapewear and loungewear.
The brand focuses on comfort and enhancing natural body shapes.
Skims employs a direct-to-consumer model for better brand control and profit margins.

Upsides

Expansion into men's wear taps into a new demographic and market share.
Collaborations with brands like The North Face enhance product offerings and appeal.
Opening permanent stores increases brand visibility and customer engagement.

Funding

Total raised$650.75 M
Latest valuation$4.00 B
StageSERIES_C