The fashion brand is said to be looking at the path forward with the investment bank.
That opens up the possibility of an initial public offering — something the company is said to be preparing for, just in case; some other kind of transaction that would bring in new investors, or an outright sale.
Then in 2012, General Atlantic and BDT Capital Partners each bought minority stakes, picking up shares sold by Burch’s ex-husband Chris Burch at a valuation of $2.25 billion. (That transaction came as the BurchesWith two top-shelf financial investors on board, speculation rose that Tory Burch — a designer who had successfully crossed over and built a big business — could be bound for some kind of deal or for Wall Street eventually.
While it’s not clear exactly how much of the business is owned by Tory Burch, the designer is certainly the one in charge.
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