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AssetID: 53023455

Headline: Reese Witherspoon sells majority stake in Draper James fashion brand

Caption: Private equity group Consortium Brand Partners announced on Wednesday that it had acquired Witherspoon’s fashion and lifestyle brand through a majority stake. "Draper James was inspired by a deep personal connection to my roots, my family, and the women who shaped me. It's been so amazing to see so many women connect with this brand, our products, and our mission to bring a little southern joy into everyone's homes and wardrobes. "We are excited to join forces with the team at Consortium, who understand our vision as a company and the importance of our community."

Keywords: CPS1656823,Reese Witherspoon,sells,majority,stake,stocks,shares,Draper James,company,lifestyle company,clothes,Consortium Brand Partners,actress,production company,Hello Sunshine,successful,fashioin

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