Wednesday December 8, 2010 09:44

Jessica Simpson’s Fashion Lines Worth Nearly $1 Billion

Posted by Randy

Jessica Simpson may be more popular for being a singer, television personality, and tabloid fodder rolled into one, but the 30-year-old Texan could soon be known for being a member of a very exclusive club—the billionaires club.

According to Women’s Wear Daily, Simpson is on her way to building a $1-billion fashion empire, thanks to phenomenal sales of her ever-expanding lines, which now include shoes, watches, denim, fragrances, swimwear, and accessories. WWD reports that Simpson’s fashion empire racked up an estimated $750 million in retail sales this year. With strong demand for her lines, observers believe it is only a matter of time before Simpson becomes a certified billionaire.

What’s her secret? “People look at her as a style icon,” said Camuto Group CEO and founder Vince Camuto, whose company is the main licensee of Simpson’s fashion lines. And Simpson is not about to slowdown despite being recently engaged to former NFL player Eric Johnson, WWD reports that the pop star and aspiring fashion mogul is already planning to jump into sportswear by end of 2011. “This new sportswear line reflects my evolving style, which combines comfort, femininity and flirty fun,” Simpson said.

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