Jessica Simpson news and archive

Walmart launches exclusive Jessica Simpson collection for spring and summer

Walmart has unveiled a partnership with The Jessica Simpson brand, introducing a fresh lineup of women's apparel, swimwear, and jewelry just in time for the summer seasons. Boasting a blend of boho-chic styles and timeless classics, the collection offers Walmart customers the perfect additions to their spring and summer wardrobes, Walmart said...

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Jessica Simpson secures 67.5 million dollar loan for fashion brand

Jessica Simpson has secured a 67.5 million dollar term loan from Second Avenue Capital Partners, the lending arm of SB360 Capital Partners, for her clothing brand, The Jessica Simpson Collection. The financing will go towards retiring an existing credit facility and further providing additional liquidity to fund new growth and expand the brand’s...

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Jessica Simpson buys back fashion brand

Singer and entrepreneur Jessica Simpson is on the way to being the sole owner of her namesake fashion brand again. After parent company Sequential Brands Group Inc. filed for Chapter 11 bankruptcy protection in August, Jessica and her mother Tina Simpson have worked to regain complete ownership of the brand. The pair still owned a minority stake...

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Jessica Simpson buys her name back from Sequential Brands

Singer-turned-entrepreneur Jessica Simpson has plans to buy her brand back from bankruptcy after owner Sequential Brands filed for bankruptcy. The news was reported by Bloomberg. The Simpson family has put up a 65 million dollar offer for the Jessica Simpson brand, and with Sequential Brands Group Inc.’s older brands being put up for auction, it...

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Sequential Brands Group's Q1 net loss widens

Sequential Brands Group, Inc. said total revenue from continuing operations for the first quarter ended March 31, 2020 was 20.2 million dollars, compared to 25.5 million dollars in the prior year quarter. On a GAAP basis, loss from continuing operations was 85.3 million dollars or loss of 1.30 dollars per diluted share compared to loss from...

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Sequential buys 1 billion Jessica Simpson brand

Sequential Brands Group, Inc. (Nasdaq:SQBG) announced Wednesday that it has closed the acquisition of the Jessica Simpson brand. The Company has acquired a majority interest in the brand, including the Jessica Simpson Collection master license and other rights. "Jessica Simpson is an entertainment and style icon who successfully built an...