On Friday night, Jessica Simpson took to Instagram to announce that she and her mother, Tina Simpson, officially own 100% of her namesake business. “After 3 years of hearing ‘NO. IT’S IMPOSSIBLE. STAND DOWN. ITS TOO HARD …’ I am truly humbled to reclaim 100% ownership of MY name and my brand. It was a long journey getting to this point. I was told no, that brand ownership was out of the question, that I was not relevant enough, and I would never have 100%,” Simpson posted. “My mom @tinasimpsonofficial and I remained steadfast, patient, determined, brave, and STRONG. TODAY we can look back and say we BEAT ALL ODDS stacked against us. We withstood the battle and today we CONFIDENTLY claim victory! The entire Jessica Simpson Collection belongs to us,” she added. View this post on Instagram A post shared by Jessica Simpson (@jessicasimpson) Last month, the singer opened up to FN about buying back her business as she and Tina were in the midst of negotiations with Sequential Brands Group Inc. At the time they currently owned 37.5% of the brand they founded in 2005. Sequential bought the majority share from Camuto Group in 2015 but filed for Chapter 11
Follow Footwear News on Twitter or become a fan on Facebook.
from Footwear NewsFootwear News https://ift.tt/3FddEaY
0 Comments