Jessica Simpson burst onto the scene in 1999 as a 19-year-old pop star. His first single, I wanna Love You Foreverwas a big hit amid the pop culture craze of the new millennium.
Simpson’s debut single reached number 3 on the Billboard Hot 100. his album, sweet kissEarned double-platinum status with the RIAA.
Simpson later emerged as a reality TV superstar. He starred in MTV Newlyweds: Nick and Jessica With her husband, Nick Lachey of multi-platinum-selling boy band 98 Degrees.
Born on July 10, 1980, in Abilene, Texas, Simpson turned 46 on Friday.
How Jessica Simpson built a billion-dollar empire
Despite his multi-industry fame, Simpson’s most lucrative move has nothing to do with music or TV. Instead, she took advantage of her popularity to create a brand that eventually became a billion-dollar fashion brand.
She launched The Jessica Simpson Collection in 2005 as a footwear collaboration with Nine West co-founder Vince Camuto. What started as a shoe company for everyday women eventually expanded into a full-fledged fashion brand that now sells clothing, handbags, accessories, accessories, fragrances, and even home products.
By 2010, the company was generating over $750 million in annual retail sales, becoming the best-selling celebrity fashion brand at the time.
It didn’t take long for the brand to reach its next milestone. In 2014, less than a decade after its inception, The Jessica Simpson Collection was reported to be in production. Over $1 billion in retail sales.
Simpson recently gained full ownership of his brand. after first Has only 37.5% stake in the companyHe reportedly bought the brand back at auction for $65 million. This comes after its parent company, Sequential Brands Group Inc., filed for bankruptcy in August.
“It means the absolute world to me to be able to take full ownership of my brand,” Simpson said.
“After 16 years in business, I feel ready to approach this next exciting phase with open arms. I know the sky is the limit when my mother, our incredible team and I are fully engaged with our customers.”
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