Kim Kardashian’s SKIMS store in West Hollywood was graffitied this morning weeks after the shapewear brand received a valuation of $5 billion.
The 45-year-old mogul’s flagship store had the walls around the outside perimeter defaced as law enforcement have stated that a man has been arrested for felony vandalism in relation to the crime.
Kardashian’s representatives declined comment and Daily Mail has reached out to representatives for the West Hollywood Sheriff’s department and has yet to hear back.Â
The walls of the store had words painted including ‘Kimmy Bread’ and ‘we need that’ in addition to other undecipherable phrases on the wall.
The graffiti was cleaned up very quickly, however, and the store was even able to open at the regular time of 10am.
A spokesperson told the West Hollywood Sheriff’s station told TMZ that they have opened an investigation into the vandalism which they say they learned of at about 5am and an unidentified male was arrested for felony vandalism as a result.
Kim Kardashian’s SKIMS store in West Hollywood was graffitied this morning weeks after the shapewear brand received a valuation of $5 billion (she is pictured in New York in September)
The 45-year-old mogul’s flagship store had the walls around the outside perimeter defaced as law enforcement have stated that a man has been arrested for felony vandalism in relation to the crime
Law enforcement officials believe that the vandal had caused more than $400 in damage before a bystander alerted police.Â
Earlier this month it was revealed that Kardashian’s reported $1.7B fortune just got a big boost as her shapewear company SKIMS is now valued at $5 billion after successfully accruing a $225 million capital raise.
‘Today’s announcement validates the hard work of our incredible team and partners who have helped us reach this exciting new chapter, becoming a global omnichannel retail brand,’ the 45-year-old CCO/founding partner told the Daily Mail in a statement on November 5.
‘We can’t wait to take SKIMS to the next level as we continue to innovate and set the standard for our industry.’
Kardashian created SKIMS in 2019 with married couple – Jens Grede and Emma Grede – and they won the first Innovation Award presented by Amazon Fashion at the CFDA Awards in 2022.
Before the launch, The Kardashians producer-star credited her third ex-husband Kanye ‘Ye’ West with being her ‘Ghost Creative Director’ and he also designed the logo for the brand formerly known as ‘Kimono Intimates.’
SKIMS – which makes up a reported 75 percent of Kardashian’s wealth – is the official underwear partner of the WNBA, the NBAÂ and USA Basketball as well as making headlines for its $48 ‘Seamless Sculpt Face Wrap’ and $32 ‘Faux Hair Micro String Thong.’Â
Aside from their successful activewear collaboration with Nike, SKIMS has 18 retail stores in the States and two franchise doors in Mexico, and they plan on using their new capital to invest in product innovation.Â
The graffiti was cleaned up very quickly, however, and the store was even able to open at the regular time of 10am
Earlier this month it was revealed that Kardashian’s reported $1.7B fortune just got a big boost as her shapewear company SKIMS is now valued at $5 billion after successfully accruing a $225 million capital raise (pictured October 23)
The 45-year-old CCO/founding partner told the Daily Mail in a statement on November 5: ‘Today’s announcement validates the hard work of our incredible team and partners who have helped us reach this exciting new chapter, becoming a global omnichannel retail brand’ (pictured April 4)
Kardashian created Skims in 2019 with married couple – Jens Grede and Emma Grede – and they won the first Innovation Award presented by Amazon Fashion at the CFDA Awards in 2022 (pictured in 2022)Â
SKIMS is also developing a beauty brand following the June 29th closing of the Calabasas socialite’s skincare company, SKKN BY KIM.
CEO/co-founder Grede first met Kardashian’s momager Kris Jenner during Paris Fashion Week in 2015, which also led to her co-founding Good American in 2016 with her sister Khloé Kardashian as well as Safely in 2021 with Kris and Chrissy Teigen.
The British 43-year-old is said to have an 8 percent stake in SKIMS, 23 percent stake in Good American and 22 percent stake in Safely.
Meanwhile, the thrice-divorced mother-of-four’s half-sister Kylie Jenner – whose reported net worth is $670 million – notoriously overinflated the $1.2 billion valuation of her company Kylie Cosmetics back in 2020, which Forbes lowered to $900M due to the discrepancies.
