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Jessica Simpson looks to triple her profits by merging with Sequential Brands Group

Jessica Simpson expanding her business empire

Published April 05,2020FoxNews.com

November 21, 2024. Jessica Simpson poses at the premiere of "The Hunger Games: Mockingjay – Part 1" in Los Angeles, California. (Reuters)

Jessica Simpson’s empire is hoping to get a whole lot bigger. After building her fashion and lifestyle company into a $1billion empire, the singer is looking to triple her profits by merging with Sequential Brands Group Inc, reports Rob Shuter of naughtygossip.com.

"I am extremely honored to partner with Sequential Brands Group to continue the growth and integrity of the Jessica Simpson Collection," the 34-year-old said in a statement to Women’s Wear Daily about the new partnership.
"Working together with the powerful management team at Sequential and with all of our trusted retailers and licensees, including Camuto Group, there is no limit to our success. I’m as committed as I was 10 years ago. Here’s to the next billion."

The move comes after designer Vince Camuto who worked closely with Simpson died earlier this year in January. He was the catalyst to expanding the former reality star’s brand to a fashion, footwear, apparel, perfume and home line.

The new deal is expected to close in the next 90 days and has been completed for an undisclosed amount of cash and stock.

Jessica Simpson expanding her business empire | Fox News

30 most valuable cosmetics brands of2020

30 most valuable cosmetics brands of2020

30 most valuable cosmetics brands of2020

30. L’Oréal (Corporate) (Cosmetics/Personal)
Value in2020: $1,262 million

29. The **** Shop (Cosmetics/Personal)
Value in2020: $1,262 million

28. Clairol (Cosmetics/Personal)
Value in2020: $1,298 million

27. Lux (Cosmetics/Personal)
Value in2020: $1,377 million

26. Sunsilk (Cosmetics/Personal)
Value in2020: $1,446 million

25. Kanebo (Cosmetics/Personal)
Value in2020: $1,585 million

24. Schwarzkopf (Cosmetics/Personal)
Value in2020: $1,630 million

23. M.A.C. (Cosmetics/Personal)
Value in2020: US $1,776 million

22. L’Occitane (Cosmetics/Personal)
Value in2020: $1,818 million

21. Rexona (Cosmetics/Personal)
Value in2020: $1,838 million

20. Palmolive (Cosmetics/Personal)
Value in2020: $1,997 million

19. Neutrogena (Cosmetics/Personal)
Value in2020: $2,122 million

18. Shiseido (Cosmetics/Personal)
Value in2020: $2,353 million

17. Head & Shoulders (Cosmetics/Personal)
Value in2020: $2,577 million

16. Maybelline (Cosmetics/Personal)
Value in2020: $2,814 million

15. Christian Dior (Apparel)
Value in2020: $3,051 million

14. Natura (Cosmetics/Personal)
Value in2020: $3,220 million

13. Clarins (Cosmetics/Personal)
Value in2020: $3,550 million

12. Johnson’s (Cosmetics/Personal)
Value in2020: $3,591 million

11. Avon (Cosmetics/Personal)
Value in2020: $3,897 million

10. Lancôme (Cosmetics/Personal)
Value in2020: $3,984 million

9. Olay (Cosmetics/Personal)
Value in2020: $3,986 million

8. Garnier (Cosmetics/Personal)
Value in2020: $4,630 million

7. Estée Lauder (Cosmetics/Personal)
Value in2020: $4,792 million

6. Chanel (Cosmetics/Personal)
Value in2020: $4,921 million

5. Nivea (Cosmetics/Personal)
Value in2020: $5,322 million

4. Pantene (Cosmetics/Personal)
Value in2020: $5,364 million

3. Dove (Cosmetics/Personal)
Value in2020: $5,821 million

2. Gillette (Cosmetics/Personal)
Value in2020: $8,988 million

1. L’Oréal Paris (Cosmetics/Personal)
Value in2020: $12,480 million

الوسم: Brands

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