Jessica Simpson Sells Stake in Her Fashion Brand: "Here's to the Next Billion"

April 3, 2015 3:35 PM

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Jessica Simpson Sells Stake in Her Fashion Brand: "Here's to the Next Billion"

Jessica Simpson just brokered her most lucrative business deal to date, agreeing to sell a 50 percent stake of her brand to Sequential Brands Group, Inc.

Previously managed by the Camuto Group, Simpson's eponymous brand, which includes clothes, shoes, and home goods, has raked in $1 billion dollar in sales annually since 2005.

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