Pages

Wednesday, December 8, 2010

Jessica Simpson’s Xmas album tanks as her clothing line nears $1 billion in annual sales

Jessica Simpson’s pop career continues to slide further into oblivion as her holiday LP Happy Christmas tanks in the charts. Despite a heavy promotional schedule, which included a PBS TV special, the disc debuted at #123 with sales of just 10,000 on last week’s Billboard chart. Compare that to Susan Boyle’s reign at the top with The Gift and Mariah Carey’s top five debut for Merry Christmas II You, and you get the picture.

Jessica’s recording career may be in the dumps and her last reality show The Price of Beauty may have bombed in the ratings, but that’s OK because the Simpson sister is about to become a billion dollar baby when her clothing line makes history by becoming the first ever celebrity fashion line to reach annual sales of $US1 billion. Yup, you read that right — ONE BILLION DOLLARS. That’s what fashion industry bible Women’s Wear Daily are predicting that The Jessica Simpson Collection will make in annual sales within the next two years after netting an astonishing $750 million this year alone, driving Simpson’s net worth up to $100 million. The line, which produces everything from clothing, jeans, perfume, cosmetics, luggage, handbags and shoes, will be expanding next year by launching a sportswear line, which WWD estimate will rake in between $150-200 million over the next two years.

So as you can see, Jessica Simpson can have all the flops she wants because with a billion dollar business behind her she can afford to make mistakes. That next mistake will most likely be her next “pop album”, which she’s hoping to have produced by The-Dream & Tricky after being impressed by their work on her Happy Christmas LP.

Who would’ve ever thought that Jessica Simpson’s little clothing empire would be making more than celebrity lines from the likes of Britney Spears, Beyonce and Jennifer Lopez?

Source

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...