Must Read: Skims Doubles Valuation, Levi's Launches 501 Campaign

Last Updated: 26 January 2022

Photo: Courtesy of Fendi

These are the stories making headlines in fashion on Thursday.

Skims is now valued at $3.2 billion
Following a new fundraising round, Kim Kardashian's Skims is now valued at $3.2 billion, double what it was just nine months ago, according to Bloomberg's Kim Bhasin. In a statement, Kardashian, who has a controlling stake in the business, said, "This latest round will allow us to focus on bringing more innovations and solutions to our customers and become even more of a trusted resource for them." As for what's next: a bigger footprint internationally and more buzzy collaborations. {Bloomberg}

Levi's latest 501 campaign stars Kid Cudi, Gabriella Karefa-Johnson, Nathan Westling, the Beastie Boys' Mike D and more
On Thursday, Levi's released its latest campaign for one of its hallmark styles, the 501, to promote its newest iteration: a slouchier, more relaxed, '90s-inspired jean. Titled "The Number That Changed Everything," it brings together a cast of what the brand describes as "visionaries whose stories perfectly embody the spirit of the Original 501, and who each possess a unique perspective that embraces the change needed to inspire growth and personal evolution." That includes Kid Cudi, Tremaine Emory, the Beastie Boys’ Mike D, Nathan Westling, Gia Seo, Gabriella Karefa-Johnson and Staz Lindes. You can see the images in the gallery below. {Fashionista inbox}