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

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

Shapewear Market Share, Size and Industry Analysis Till 2032

Reese Witherspoon

Oprah Winfrey, Reese Witherspoon invest in shapewear maker Spanx

Shapewear Market Share, Size and Industry Analysis Till 2032

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

Oprah Winfrey, Reese Witherspoon, Bumble founder invest in Spanx

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

Bumble's Whitney Wolfe Herd, Spanx's Sara Blakely and Reese Witherspoon all did big deals with Blackstone

Blackstone's Acquisition of Spanx, the Innerwear Industry and Women-Led Enterprises, by Padmini Das