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Spanx founder sells majority stake in brand
6M
Spanx founder Sara Blakely announced Wednesday that global investment firm Blackstone agreed to buy a majority stake in the pioneering shapewear company. Blakely, who has always owned 100% of the business she founded 21 years ago, joins "CBS Mornings" to discuss why now was the right time to sell and what her new role will be as executive chairwoman.
Streaming Weekdays
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Spanx founder sells majority stake in brand
6M
Spanx founder Sara Blakely announced Wednesday that global investment firm Blackstone agreed to buy a majority stake in the pioneering shapewear company. Blakely, who has always owned 100% of the business she founded 21 years ago, joins "CBS Mornings" to discuss why now was the right time to sell and what her new role will be as executive chairwoman.
Streaming Weekdays