Tyler Kwon has spoken up about his involvement with Jessica’s fashion business, BLANC, and the rumors of outside investors and debt in the company. 

The new statement reveals that BLANC & ECLARE is a debt-free company and has yet to seek outside investment. Check out the full statement below:

In response to speculation regarding the BLANC & ECLARE corporate structure, capital investor Tyler Kwon responds on behalf of the Company’s Board of Directors: 

“BLANC & ECLARE is a privately owned company. Founder Jessica Jung took the helm as Head Designer and sought support from Coridel Capital Partners, the only other party providing investment capital to the Company, to support the Founder’s goals and ambitions. To date, the Company and its Board of Directors have not approached any other outside equity investors and there are no plans for the debt-free Company to do so in the near future. We have tremendous confidence and remain fully committed to the BLANC & ECLARE team that continues to be focused on and executing its global strategic vision.”