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How Tory Burch Became A Fashion Billionaire In Less Than A Decade

Ashley Lutz   

How Tory Burch Became A Fashion Billionaire In Less Than A Decade

tory burch

AP

Tory Burch is celebrating the 10-year anniversary of her company this week.

Her eponymous fashion line, which includes high-end handbags and Reva ballet flats, is ubiquitous.

The designer's bags, sunglasses and shoes are flying off the shelves at Bloomingdale's, Nordstrom and Saks. She's competing with more established brands like Coach, Michael Kors and Kate Spade - and winning.

Burch's company is now valued at more than $3.5 billion.

Burch started her career a fashion copywriter. After her ex-husband, retail tycoon Christopher Burch, gave her $2 million, she began designing clothes in her kitchen. Before long, she had an important celebrity endorsement and soaring sales figures.

We mapped out how Burch became a fashion billionaire.

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