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Oprah Winfrey, Reese Witherspoon Back Shapewear Firm Spanx At $1.2 Billion Valuation

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The womenswear brand announced a handful of new high-profile women investors as it completed a majority sale to investment firm Blackstone.

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Long-time Spanx devotees Oprah and Reese Witherspoon invest in $1.2 BILLION shapewear brand

Oprah Winfrey and Reese Witherspoon invest in Spanx

Oprah Winfrey, Reese Witherspoon, Bumble founder invest in Spanx

Oprah Winfrey, Reese Witherspoon invest in Spanx -- now valued at $1.2B

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Reese Witherspoon

Long-time Spanx devotees Oprah and Reese Witherspoon invest in $1.2 BILLION shapewear brand

Long-time Spanx devotees Oprah and Reese Witherspoon invest in $1.2 BILLION shapewear brand

The rise of Spanx and how big pants became big business (with a little help from Oprah)

I Feel The Divine Feminine Rising' - Spanx Founder Sara Blakely On How Intuition Led To Her $1.2 Billion Blackstone Exit