Jessica Simpson Is Back In Control Of Her Billion Dollar Empire

etcanada.com:

Jessica Simpson was near losing her namesake brand but took control of the billion dollar empire earlier this year. Sequential Brands Group, Inc, which was the parent company of the Jessica Simpson Collection, had filed for Chapter 11 bankruptcy protection in August so Jessica and mom Tina Simpson stepped in.

Having only a minority stake in the company, Jessica and Tina are now back with total ownership. RELATED: Jessica Simpson Is A ‘Happy Wife’ On Date Night With Husband Eric Johnson “It means the absolute world to me to be able to take over complete ownership of my brand,” Jessica told Footwear News. “After 16 years in business I feel ready to meet this next exciting phase with open arms.