Reese Witherspoon sells her fashion brand, Draper James

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Private equity group Consortium Brand Partners announced Wednesday it has acquired actress Reese Witherspoon’s fashion and lifestyle brand, Draper James, through a majority stake.

Reese Witherspoon Sold Her Draper James Fashion Brand

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Reese Witherspoon sells her fashion brand, Draper James

Reese Witherspoon sells her fashion brand, Draper James

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FILE - In this Feb. 22, 2015 file photo, Reese Witherspoon arrives at the Oscars at the Dolby Theatre in Los Angeles. Witherspoon has launched her own lifestyle brand. The Oscar-winning actress

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