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Jessica Simpson He speaks frankly about her finances.
The star was pouring her money into her business after that It regained full ownership of its $1 billion brand of the same name.
The 41-year-old recently appeared in “Realwhere she told talk show hosts that she is ‘draining’ her bank account.
“I don’t have a working credit card,” she said. “It’s okay. I’ll pay in cash.” added. “I went to Taco Bell that day, and my card was refused. My budget, ladies!”
Elsewhere in the interview, Simpson said, “With money, there’s a lot of fear attached to it. I’m the one who gets mad at the blackjack table. I’d put everything in there if I was the one driving it show because I believe in myself and I know what I can do. I know it won’t Something is stopping me, and if you try to stop me, I will try even harder.”
The singer and actress took charge of her popular Jessica Simpson Collection last year after parent company Sequential Brands Group Inc. Filed for Chapter 11 bankruptcy protection Back in August.
Since recording, Simpson and her mother, Tina Simpson, It was hard work Behind the scenes, the actress and singer got her company back because she only owned just over a third of the brand — 37.5% — at the time she bought Sequential Brands Group Inc. Majority stake in Camuto Group in 2015.
“The absolute world means to me being able to take full ownership of my brand,” Simpson said. Footwear news at the time.
“After 16 years in the business, I feel ready to face this next exciting phase with open arms. I know the sky is the limit when my mom, me and our amazing team lock up completely with our clients.”
Bloomberg reported in September that Simpson Offered $65 million To repurchase the brand at auction.
The brand consists of more than 30 product categories, according to Forbes. In 2014, the outlet also noted that the brand makes about $1 billion annually in retail.
FOX Business’ Julius Young contributed to this report
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