C. Wonder, the chain created by Tory Burch's ex-husband Christopher in 2011, has plans to shutter most of its stores and transition into a wholesale brand, BuzzFeed News has learned. The retailer will close up to 20 of its 32 locations by Jan. 1, depending on how lease negotiations unfold, two people familiar with the matter told BuzzFeed News on the condition of anonymity. C. Wonder, which bears a close likeness to Tory Burch's luxury brand, though is less expensive, has trimmed its corporate staff to around 75 people from near 120 in the past year, one person estimated.
Roger Farah, former executive vice chairman at Ralph Lauren, has found a new challenge at luxury fashion house Tory Burch, following his exit from the fashion company earlier this year. Farah has been appointed co-chief executive officer at the fashion label and will be reporting to Tory Burch, founder of her eponymous company, co-CEO and chairman. The industry veteran was also appointed to the company's board and took an equity stake in the business.
According to a Forbes article titled "Why Aren't There More Powerful Women In Retail?," author Laura Heller questions why there were only a handful of women in the retail industry named to the publication's 2013 "World's 100 Most Powerful Women" list, which ranks the most powerful women by dollars, media presence and impact.
Chic apparel and accessories retailer Tory Burch is leveraging digital channels to fuel its dynamic growth. In addition to its thriving e-commerce business, the retailer has opened company-owned brick-and-mortar stores in growing markets such as Hong Kong, Dubai and Singapore, not to mention its wholesale presence in leading department stores such as Bloomingdale's and Nordstrom. Yet there's one constant within all these different channels: a commitment to providing customers the best experience possible.
Luxury retailer Tory Burch has deployed a store operations reporting application for the iPad using the MicroStrategy Mobile platform. The app was built by Southport Services Group.