Michael Kors is setting trends in the fashion industry–though they aren’t exactly of the sartorial variety.
Thanks to the designer’s record-breaking IPO this year, which shot the value of his company up to $10 billion, more and more designers and retailers are eyeing going public, according to WWD.
Among the companies expected to go public in the near future?
It’s been a few weeks since we tuned into the ongoing legal battle between Chris and Tory Burch, but that doesn’t mean it’s all blown over. Quite the contrary–the list of accusations in the case is only growing longer.
The CFDA team has been pretty busy lately. Tuesday night was the CFDA/Vogue Fashion Fund event and last night, they feted a huge Sandy relief sale, which is open to the public today until 8pm. Mayor Michael Bloomberg, Diane von Furstenberg, Anna Wintour, Steven Kolb, and Tory Burch were in attendance.
Even before arranging the sale, the CFDA put together an online auction, through which you can bid on things like a week long stay at Diane von Furstenberg’s Harbor Island home, lunch with Gwyneth Paltrow and Mario Batali, and attending a fashion show with Anna Wintour and the Vogue editors.
Today’s sale came together pretty serendipitously.
Is there anything that rattles Tory Burch?
On Wednesday, the designer sat down with CNN’s Alina Cho to chat style, business, and of course, that ongoing lawsuit with her ex-husband, in front of an audience of industry VIPs, WWD is reporting. But if you were hoping for any digs or gaffes–which other designers seem so fond of doling out–you’ll be sorely disappointed. Burch remains as unflappable as ever.
Here’s another reason to watch as the nasty legal battle between Tory Burch and ex-husband/business partner Chris continues to unfold: The judge on the case sounds like he’s going to be hilarious.
WWD caught up with Judge Leo Strine, of the Delaware Chancery Court, who is assigned to the Burch case, and, well, let’s just say Strine may have a future career as a standup comedian. Read on to hear what zingers Strine had to say on duck boots, preppy clothing and drunken WASPs.
And the battle of the exes continues.
Last month, Chris Burch filed suit against ex-wife and business partner Tory Burch, claiming breach of contract and tortious interference. Now, Tory Burch is firing back. The designer filed answer and counterclaims to Chris’ suit this morning, WWD is reporting.
She also outlined how Chris Burch allegedly ripped off the Tory Burch brand for his new venture, C.Wonder.
The gloves are finally coming off at Tory Burch.
The designer is fighting back against the lawsuit her ex-husband and ex-business partner filed against her three weeks ago, which alleged breach of contract and tortious interference (among other things). And, needless to say, shit is getting personal.
Tory went on Rock Center last night to talk about her successful business. Naturally, some questions about her ex Chris Burch arose and they didn’t seem to catch her off guard one bit. Click through to watch.
After months of rumors that Tory Burch would file suit against her ex-husband and business partner Chris Burch because of brand similarities between C.Wonder and Tory Burch, Chris has gone and turned the tables and filed suit against Tory.
Facing fashion fatigue? Us too. However! The Mulleavys‘ medieval warrior princesses in bad-ass laser-cut heels march on. Tuesday critics lanced a few barbs (shades of Balenciaga, anyone?), but were surprisingly receptive to a broad array of world traveler-inspired styles fit for women on the go. Perhaps the biggest surprise was at Narciso Rodriguez, where the designer stepped out of his greige-y comfort zone and was loaded for a career-high performance. Find out which other shows had everyone buzzing on day 6.
Don’t fret about falling behind on your fashion week knowledge so close to the end, because we’ve still got reviews coming for you. Catch up on Tory Burch‘s Americana prep remix, Ann Yee‘s Northwestern-inspired collection, and Patrick Ervell‘s boyish silhouettes.
The New York Daily News is reporting that Kate Spade New York is planning to launch a lower priced line called Kate Spade Saturday. According to the News, the line is positioned to compete directly with Chris Burch’s controversial line C.Wonder (which has come under fire for looking too similar to the line Burch started with his wife, Tory Burch).
We hear from a source that this new project has indeed been in the works for the last six months, but that it will look more Madewell than C.Wonder. Though, given Kate Spade’s signature Brad Goreski-aided, clean, bright, colorful-yet-classic aeshetic, a lower-priced version might look a bit like C. Wonder by default.
