Must Read: Skims Completes Funding Round at $5 Billion Valuation, 'Elle' Reveals Its 2025 Women in Hollywood

These are the stories making headlines in fashion on Wednesday. On Wednesday, Skims announced the completion of a $225 million capital raise, valuing the company at $5 billion. The financing round was led by Goldman Sachs Alternatives with participation from BDT & MSD Partners’ affiliated …

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