C. Wonder significantly simplifies business scale for the end of the year before close a store 20

at Tory Burch and it together brand Tory Burch LLC business make rapid progress moment, its former husband Chris Burch establish in 2011 of mountain Zhai Tory the Burch brand C. Wonder significantly simplify business scale.
BuzzFeed quoted news to say, C. Wonder would close most 20 independent stores in the door by the end of the year and had approaching of brand 32 door storeses 2/3 and transform at the same time for particularly wholesale of life style brand.The news estimates that C. Wonder has already laid off 12075 people whom employee wins this year and includes three high tubes among them.
C. Wonder parent company and Chris the Burch breeze hurl company Creative Capital employee of Burch point out that C. Wonder will continue to run independent store in the door, but don't reveal concrete number.But C. Wonder spokesman then didn't deny reporting of BuzzFeed and only meant that the companies concentrate on many outlet companies that become giving attention to both retail price, wholesale, electronic commerce and international business, meanwhile, the structure that they are just excellent to turn store, store in the door that center of gravity's putting is making money most , C. Wonder will release new development strategy in mid- December.
2013 the beginning of the year, C. Wonder once acquired Fidelity rich reached a fund to invest USD 35,000,000 to procure its 10% ownership of a shares, estimating of C. Wonder the value pushed Gao to USD 350,000,000.At that time the C. Wonder ambition life ambition, with 110 door stores in the United States, 300-350 door stores in the world are ultimate end targets.
Chris Burch is Tory Burch the consociation geneses of the LLC brand person, 2 people set up the first Tory Burch to retail a store in 2004 and divorce in 2006.C. Wonder is horizontal to vacate a life time, set up a family store in the SoHo area of New York after 5 years, it is Chris to be thought by the external world revenge of Burch to Tory Burch.In fact although the fixed position ratio of C. Wonder is stained with Tory of the side luxury goods realm Burch LLC is lower, regardless from the product design still decorate C. Wonders inside the store be all affirmed Tory is at the mountain Zhai Burch LLC, and Tory Burch once consequently sued Chris as well Burch stole a Tory Burch LLC secret to contribute efforts to own brand C. wonder, and drew on Tory Burch LLC the investor invested C. Wonder.Chris Burch counter-claims Tory in October, 2012 Burch and Burch board of directors member of LLC of Tory obstruct, interference it selling next Tory Burch is LLC 28.3% ownership of a shareses.Had no vogue Chinese net to exclusively once do to report to this entangled litigation case.
till 2012 the end of every years, kept on Chris of more than two months the Burch litigation case of Burch and Tory announce and reach agreement, Chris Burch sells it takes up half of 28.3% shares a pair the chairman is to Gao Sheng Qian Byron Trott get BDT of title Capital Partners LLC and General Atlantic LLC twos Be private to collect a fund, estimate according to think factory PrivCo Media in New York LLC, Tory Burch LLC company City was worth about USD 3,300,000,000, was also Chris at that time the share that Burch sells to be worth of about USD 500,000,000.