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“Jessica Simpson scores $67M loan six months after regaining brand” Singer-turned-designer Jessica Simpson refinanced her apparel company just six months after regaining full control of the $1 billion brand. The former reality TV star scored a $67.5 million loan from Second Avenue Capital Partners – which is backed by the Schottenstein family, owner of American…
“#Jessica Simpson to buy back her lifestyle brand for $65 million” It worked out for Jessica Simpson after all. The singer-turned-designer is buying her eponymous lifestyle brand out of bankruptcy for $65 million, according to court documents. Her brand had been majority-owned by Sequential Brands Group, which filed for Chapter 11 bankruptcy protection in August….
“#Jessica Simpson brand owner Sequential Brands files for bankruptcy” Sequential Brands, which owns the Jessica Simpson brand and had formerly owned Martha Stewart’s brand, filed for bankruptcy protection on Tuesday. The New York-based licensing company said its “significant debt” of $435 million pushed it into Chapter 11 — an outcome that had been long rumored…
“#Martha Stewart just dumped more chunks of stock in her old company” Martha Stewart is selling stock again — and this time she’s practically thumbing her nose at anybody who has a question about it. As reported by The Post, the domestic diva had attracted attention last month by selling shares in Sequential Brands Group…
“#Martha Stewart sells stock in company despite recent insider status” Martha Stewart’s stock trading is raising eyebrows — again. The 79-year-old domestic diva — who famously served five months in prison in 2004 and 2005 for lying to the feds about her sale of ImClone shares — sold more than $67,000 worth of stock in…
“#Jessica Simpson scrambles to rescue her clothing label” Jessica Simpson is scrambling to buy back her clothing brand from a struggling licensing company that is in danger of filing for bankruptcy, The Post has learned. The 40-year-old former pop singer and her mother, Tina Simpson, are working with boutique investment bank Threadstone to raise cash…