Kim Kardashian’s SKIMS Line Sold Out Almost Immediately, Making Millions Within Minutes
Kim Kardashian has yet another multi-million dollar business to put under her belt. Her latest venture, the highly-anticipated SKIMS Solutionwear line made well into seven figures just minutes after it was released.
According to reports, within minutes SKIMS surpassed the $2 million mark after the product went live Tuesday (Sept. 10). Every product, which is priced pretty competitively, sold out almost immediately. Kardashian is now working to restock items.
This is a first for shapewear products similar to SKIMS. For example, Spanx brought in $4 million in the first year, as SKIMS made half that in a few short moments.
Kardashian even had to push the launch back an hour after the amount of activity on the site caused it to crash.
Kardashian previously teased the line with Alice Johnson, a woman she helped get released from prison.
She debuted the name in August after facing backlash for the initial name, Kimono, which many said was an appropriation of Japanese culture.
“My fans and followers are a huge inspiration to me – I’m always listening to their feedback and opinions, and am so grateful they shared their ideas for a new brand name. After much thought and consideration, I’m excited to announce the launch of SKIMS Solutionwear™ coming September 10. I love the idea that the pieces will be the closest thing to someone’s skin, skimming with amazingly soft and supportive fabrics which accentuate the best parts of our bodies.”
What do you think of SKIMS’s success so far? Tell us in the comments.