Will LVMH Invest In Tory Burch?
The highly publicized lawsuit between Tory Burch and her ex-husband/partner Chris Burch had one positive outcome: two new investors, which valued her eponymous label at one billion dollars.
If only every break up could result in that kind of positivity right? Anyways, ever since the announcement of her company’s value, it has been rumored that Tory Burch is in the process of going public. Could she have caught the interest of another powerful investor to help her with this move?
Rumors have been swirling that LVMH may be taking up interest in Tory Burch and her company. These rumors were only fueled further when CEO of LVMH Pierre-Yves Roussel was seen sitting front row at her fashion show during NYFW.
Rumors have yet to be confirmed, but this certainly would be a great move for Tory Burch and her brand.
Ally | Elite.
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