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Fashion

Jessica Simpson Brand Sold to Sequentia;

Sequential Brands Group has agreed to acquire a majority interest in the Jessica Simpson Collection brand, including master license rights, from Camuto Group. Although the price has not been disclosed, you can bet that it is significantly higher than the $15 million the late Vince Camuto paid for the master license in 2005.

Camuto built Jessica Simpson into a $1 billion brand in 31 product categories including footwear, apparel, fragrance, accessories, maternity wear, girls’ clothing, and a home line distributed in over 2,500 retail locations worldwide.

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