Another Year In Which Jessica Simpson Will Not Make $1 Billion Off Her Clothing Line
LatestJessica Simpson‘s licensing empire — which she does not own, personally design (though she and mother Tina have approval rights), or control; the master licensee is a corporation called Camuto Group — is “expected to hit $1 billion in retail sales next year,” reports Women’s Wear Daily. Again. Last January, would you believe it, Camuto Group announced it expected to reach $1 billion in sales during the year 2010, which Women’s Wear Daily also dutifully reported. (Sales of Jessica Simpson products fell well short of that projection, reaching $750 million last year, but there were tons of stories about how Jessica Simpson is “a fashion billionaire” anyway, because apparently reporters can’t count, and don’t know that the Simp is only getting licensing fees plus a percentage of sales out of that not-a-billion-dollars, anyway.) But, Camuto Group swears, this is the year that it will finally gross $1 billion off Jessica Simpson’s name! And Jess — who says she’d like to open a line of her own branded stores, and admires Ralph Lauren — is a team player: “I’ll get mad if I see something with my name on it and I don’t like it. I’ll say, ‘Mom, did you approve that? I don’t like that. I never saw that, please tell me if you approved that.'” [WWD]
 Jessica Simpson, on Twitter: “It’s a very powerful text message.” [WWD]
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