I've always had a ridiculous amount of respect for the business that Tory Burch has built and last September I was quite impressed with the groovier vibe her during her collection presentation. And now she's gone and upped her cool factor even more by bringing on Subversive's Justin Giunta as design director of jewelry. Not to worry the Swarovski Award for Accessory Design winner will continue to create his amazing layered baubles for Subversive, and its lower-priced companion Deviated. Phew. Says Tory to WWD of her new jewelry man, “Justin’s talent and handcrafted aesthetic will take us to the next level." Yes and yes. It will probably only take a few weeks after his first collection launches for holiday/resort before one of the necklaces becomes as ubiquitous on the streets of Manhattan as those black flats.
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LVMH to Invest in Tory Burch?
Tory Burch recently gained two new investors, thanks to the sale of half of ex Chris Burch's stake in the company--a deal which valued her label at well over one billion dollars. Now, it looks like her company, which is rumored to be going public, may have caught the interest of another powerful investor.