Wonder, an apparel, accessories and home decor retailer. The company was developed to incubate his new brands and to manage his investments. Christopher Capital LLC in 2008, later renamed Burch Creative Capital. He also owned 28.3%, selling half of it in December 2012, as the company was estimated to be worth $3.5 billion. In 2004, Burch helped his then wife to launch the Tory Burch fashion label, and served as co-Chairman of the company. The company was partially sold to Swire Group, in 1989, and entirely, in 1998 in a deal that valued the brand at $60 million.
Over the next decade, the company expanded to $140 million in sales and a national distribution footprint, including more than 50 of its own retail stores. His operation soon expanded to other campuses, and, eventually, to retail stores. Burch decided to find a factory to produce a new brand of "preppy" sweaters so that he could sell them door-to-door on campus. In 1976, while an undergraduate at Ithaca College, Burch and his brother Robert started Eagle's Eye apparel with a $2,000 investment, buying sweaters for $10 each and selling them for $15. He graduated from Tilton in 1972, and later attended Ithaca College.Ĭareer Fashion industry Burch attended Tilton School, an independent college preparatory school in Tilton, New Hampshire. His father owned a distributor of mining equipment and supplies. His mother Robin Sinkler, an Episcopalian, was from a Philadelphia Main Line family and his father, John Walter Burch, a Roman Catholic, was one of 10 children born to a middle-class Baltimore family. Early life īurch was raised in Wayne, Pennsylvania, in a middle-class family. Wonder pushed his net worth over the ten figure mark. He became a billionaire in 2012, with Forbes magazine's profile of him in its annual The World's Billionaires stating that the 2012 valuation of Burch's majority stake in C. Since establishing his initial venture, Eagle Eye, he has contributed to the rise of multiple brands, including STAUD, BaubleBar, NIHI Sumba, Guggenheim Partners, Tory Burch, Voss Water, Win Brands, Rappi, Danielle Guizio, Solid & Striped, Urbanic, Thursday Boots, SuperOrdinary, Barber Surgeon Guild, Faena Hotel + Universe, Jawbone, Poppin, among many others.
He has been an entrepreneur and active investor across fashion, hospitality, and technology industries for nearly forty years. Christopher Burch (born March 28, 1953) is the founder and CEO of Burch Creative Capital, a firm based in New York City that manages venture investments and brand development, and co-founder of Tory Burch LLC.
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