While her ex-husband Chris is busy shutting down his “revenge retail” firm C. Wonder, Tory Burch’s brand is thriving. WWD reports that the designer’s label is doing better than ever thanks to some share swaps between investors, the result of which has boosted the company’s value to $3.5 billion.
Burch’s growing value could make the company a prime candidate for a public offering, though we don’t know if that is actually in the cards for the fashion label. As recently as September, Burch made it clear that she’s satisfied with the company’s private status, at least for now. Still, people are speculating that the designer may change her mind, possibly in the near future. But until she officially makes a move, Burch will be privately raking in her billions.
[via WWD]
