Skims co-founder Jens Grede has confirmed that plans for an IPO are on the back burner—for now at least, according to a new interview with WWD.
TechCrunch reported in August that investors were hoping for the retail darling, last valued at $4 billion, to go public, and the Information reported that the earliest it could do so would be in the first half of 2025. But speaking to WWD, Grede clarified the company’s plans for an IPO.
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