Tory Burch is an
American fashion designer business woman and philanthropist, who has won several fashion awards for her designs.She was born, raised, and educated in the
Philadelphia metropolitan area. Burch was born in
Valley Forge, Pennsylvania, the daughter of Reva (née Schapira) and Ira Earl "Bud" Robinson (b. Jan. 6, 1923 - d. Aug. 9, 2007). She was raised with her three brothers (Robert, James and Leonard) in a Valley Forge farmhouse, a 250-year old
Georgian near the
Valley Forge National Historical Park.
She began a fashion label, "TRB by Tory Burch"—later known as "Tory Burch", in February 2004. As of January 2013, the company had grown to 83 Tory Burch stores worldwide. Her fashion line is carried at over 1,000 department and specialty stores worldwide,including
Saks Fifth Avenue,
Bergdorf Goodman,
Neiman Marcus Nordstrom and
Bloomingdale's. Her
flagship store is in the
NoLIta neighborhood of
Manhattan.
In April 2005, Oprah Winfrey endorsed her line on
The Oprah Winfrey Show.In 2009, Tory Burch sold a minority stake in her company to a Mexican private equity firm,
Tresalia Capital.Additional minority investors were added in December 2012 in conjunction with the settlement of a legal dispute between Burch and her ex-husband. This settlement is said to have removed a substantial obstacle to a forthcoming IPO, which has been the subject of considerable discussion in the financial and fashion industries.