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Fund supervisor Consortium Brand Partners has acquired a 70 percent stake in Reese Witherspoon’s style and way of life brand Draper James. The 32-piece assortment is designed to be unisex and includes monochromatic fundamentals similar to leggings, blazers and denim, priced between $30 and $130. Creative director Giovanna Engelbert has rolled out a vibrant, extra exuberant aesthetic and enlisted fashion heavy-hitters like Steven Meisel and Pat McGrath as the Austrian crystal-maker seeks to return to profitability by boosting its presence in nice jewellery. The French home showcased its new Tweed-inspired high jewelry collection in London this week. CEO Frédéric Grangie …