Tuesday, December 7, 2010

Jessica Simpson Building A $1 Billion Empire

http://img2.timeinc.net/people/i/2010/stylewatch/blog/101220/jessica-simpson-300x400.jpgWith her southern charm and girl-next-door appeal, it’s hard to believe that Jessica Simpson is in fact a fashion powerhouse, sitting at the helm of a nearly $1 billion empire.

But with retail sales of her successful lifestyle brand totaling $750 million this year, that is precisely what her line of shoes, accessories, denim, swimwear, watches and fragrances have turned the newly-engaged star into, reports WWD. And her secret, according to Vince Camuto, founder and CEO of Camuto Group, the main licensee for Simpson-branded merchandise, is her approachability.

“People like her,” he tells WWD. “People look at her as a style icon.” So much so that Jess is broadening her brand even further, launching a contemporary sportswear line of stylish separates including jackets, woven and knit bottoms, as well as tops and dresses, all priced from $39 to $129.

“This new sportswear line reflects my evolving style, which combines comfort, femininity and flirty fun,” Jessica said in a statement. The new collection will be available at more than 650 specialty and department stores throughout the U.S. and Canada starting in the fall of 2011.

Credit: People

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