Jessica Simpson has revealed that she once considered borrowing against her homes in order to regain full ownership of her brand, Jessica Simpson Collection.A majority share of the Jessica Simpson Collection was purchased by Sequential Brands Group Inc.
back in 2015, which left Jessica and her mother Tina with only a minority stake of37.5% in the company.Simpson, who successfully regained control over thebillion-dollar empire in October, toldBloomberg Businessweekthat her and her mother commenced their two-year battle for ownership in 2019.The Jessica Simpson Collection, a lifestyle brand that produces shoes, clothing, fragrances, and other items for women, was launched in 2005 and is directly inspired by and designed by Simpson, 41.
All in:Jessica Simpson has revealed that she once considered borrowing against her homes in order to regain full ownership of her brand, Jessica Simpson CollectionOn that fateful 2019 day, Jessica was 34-weeks into her pregnancy with her third child, daughter Birdie Mae, and had been hospitalized with a severe case of bronchitis.She told the outlet that it was then that her and her mother, who is her longtime business partner and president of the brand, began their ownership quest. 'We'll borrow against our homes,' said Jessica, who emphasized to the outlet that she would do almost anything to regain control of the Jessica Simpson Collection.'Even if I have to go live in a little, tiny place in Ireland, I will.' Taking over:Simpson, who successfully regained control over the billion-dollar empire in October, told Bloomberg Businessweek that her and her mother commenced their two-year battle for ownership in 2019; Jessica and Tina pictured in 2018With luck on their side, Jessica and Tina.
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