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Billion-dollar company founder Tory Burch: Burnout is bad for business
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Tory Burch LLC (formerly TRB by Tory Burch ), known as Tory Burch , is an American fashion label owned, operated, and established by American designer Tory Burch.


Video Tory Burch (company)



History

Tory Burch started his fashion label - "TRB by Tory Burch", later known as "Tory Burch" - in February 2004, launching it with a retail store in the Nolita district of Manhattan. Most inventory was sold out on the first day. When Oprah Winfrey backed his sentence on The Oprah Winfrey Show in April 2005, calling Burch "the next big thing in the fashion world", the Burch site received eight million hits the next day.

Since its launch, the company has grown to include more than 200 Tory Burch stores worldwide, including in New York, Los Angeles, London, Paris, Rome, Tokyo and Seoul, and e-commerce sites in seven languages. The Shanghai flagship company, launched in 2014, is the largest. Fashion line, which includes ready-to-wear, shoes, handbags, accessories, watches, home decorations, and fragrances and beauty collections, is also performed at more than 3,000 departments and specialty stores around the world, including Saks Fifth Avenue, Bergdorf Goodman , Neiman Marcus Nordstrom and Bloomingdale's, as well as Harrods, Harvey Nichols, Galeries Lafayette, Lane Crawford, and Isetan.

In 2009, Burch sold a minority stake in his company to Mexican private equity firm Tresalia Capital. Additional minority investors were added in December 2012 along with a legal dispute settlement between Burch and her ex-husband. The settlement is said to have removed the substantial barriers to an upcoming IPO, which has been a considerable discussion in the financial and fashion industries. By 2015, Burch has stated that there are no plans for companies to go public.

In September 2011, Burch performed its first runway fashion show, and continues to show every season at New York Fashion Week.

In the fall of 2013, Burch launched his first perfume and collection of beauty capsules with Està © Lauder.

In the summer of 2014, it introduced a series of accessories for Fitbit Flex activity tracking device, making it the first major fashion brand to switch to wearable technology. The fall of 2014 marks the publication of his first book and bestseller, Tory Burch in Color , and the launch of his watch with Fossil.

In March 2015, Burch expanded its home line with a collection of lettuce fittings made in collaboration with Palm Beach artist and potter Dodie Thayer. In July 2015, Burch launched its first boutique in Paris.

Tory Sport

In September 2015, Burch also introduced Tory Sport, separate separated activation paths, on special websites, and in pop-up stores on Elizabeth Street in Manhattan in the room where he has launched its first boutique in 2004. A stand-alone store on Fifth Avenue in New York, as well as boutiques in East Hampton and Dallas, opened in 2016. By the end of 2017 Tory Sport has stores in several cities around the US and boutiques inside shop at Tory Burch store in Hong Kong. The collection includes designs for running, studios, tennis, swimming, and golf, as well as clothing for before and after practice. Both the Tory Burch line and the Tory Burch Sport line support the Tory Burch Foundation, which empowers women entrepreneurs by providing access to capital, entrepreneurship education programs, and networking events.

Maps Tory Burch (company)



Design style

Burch style has been described as luxo preppy-boho and preppy-bohemian, and is associated with his T-logo medal. Known for its versatility and versatility, the Tory Burch style is popular among women of all ages, including spectators and fans of the Gossip Girl TV show, where they are often featured. In 2007, there was a waiting list to buy Tory Burch fashion, known for its colors and prints and often paid tribute to the styles of the 1960s and 1970s. Burch named his Reva ballerina flat after his mother.

Empowering Women Through Entrepreneurial Education | HuffPost
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Awards

  • 2005 Rising Star Award for Best New Retail Concept, Fashion Group International
  • 2007 Accessory Accessory, Excellence Accessory Board Award
  • The 2008 Designer of the Year, the American Fashion Designer Board

girlcrush on Tory Burch | ALT The Collection
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References


Why Tori Burch turned down a promotion to president of LVMH
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External links

  • Official website

Source of the article : Wikipedia

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