new york - no, it's not what you are thinking, although i would have thought the same thing. instead, tory burch (sorry blaynistas, but i simply cannot stand those over priced ballet flats of hers, plus it gives zero foot support) is looking for an investor to buy a 30% stake in her company. i don't doubt that the offer will attract a lot of suiters as the company is hot, hot, hot at the moment. in fact, according to womens wear daily, the gross around $200 million a year in wholesale revenue alone. however, their asking price might be a bit of a damper: they are asking for about $300 million for the thirty percent stake. so far two companies are rumored to have taken the bait. stay tuned as this develops.
photosource: sfluxe.com
3 comments:
My homegirl says that her stuff is madd expensive.. but at least she got the CFDA Award for Accessory Designer of the Year!..
-Sir Charles
She has really blown up. All this from a pair of ballet slippers.
Sorry for my bad english. Thank you so much for your good post. Your post helped me in my college assignment, If you can provide me more details please email me.
Post a Comment