Hailey Bieber's business is standing on its own regardless of speculation on the future of her $1 billion Rhode deal. On July 10, Hailey's husband, Justin Bieber, reportedly settled a financial dispute with his former manager,

In a statement shared with PEOPLE, a rep for Hailey Bieber says her $1 billion Rhode acquisition has nothing to do with her husband Justin Bieber's "business affairs" following his financial settlement with Scooter Braun.

Hailey Bieber's rep responded to a report that Justin Bieber is using money from the sale of Rhode to pay back Scooter Braun.