NEW YORK — Tory Burch has a lot to smile about.
After settling her bitter legal battle with ex-husband Chris Burch last month over their rapidly growing Tory Burch clothing empire, she is believed to be a billionaire, with a 30 percent stake in her company, plus equity sales and dividends that put her over the magic figure, reports the New York Post.
It might be a coincidence, but her fall 2013 collection sure looked a whole lot richer that previous ones I have seen.
It might be a coincidence, but Tory Burch's fall 2013 collection sure looked a whole lot richer.
From the opening look — a beaded tweed coat and taffeta dress is shiny zigzag patterns — to the last — a satin georgette gown with shiny gold sequined Peter Pan — nearly every piece in the collection glimmered in the ornate surroundings of the Pierre Hotel ballroom.
Burch said she looked to the works of artist Gustav Klimt, whose goldleafed paintings with Byzantine imagery dazzled the art world in the early 1900s, and the Art Noveau era. Indeed, the collection had a richness and romance to it, with gilded blouses, shiny Lurex wool sweaters, laser-cut leather skirts and beaded chiffon dresses. Even Burch's trademark jackets cast a sheen with sequined paillettes.
Of course, the collection was filled with pieces that the Tory faithful have come to love: Eye-catching velvet slippers, embellished tops, chic tasseled clutches, distinctive necklaces (in this collection, of scarabs and dragonflies).
Burch completed the collection with a series of dresses and coats in a navy and white velvet rose jacquard. She liked it so much she wore a V-neck dress in the eye-catching pattern when she made her runway bow.
Prominent on the front row was Peter-Yves Roussel, CEO of the fashion division of LVMH, leading to rumors that the French conglomerate, which owns Louis Vuitton, with large stakes in Christian Dior, Marc Jacobs and Donna Karan, among other prominent brands, is eyeing Burch.
“I’ve got nothing special to say,” Roussel told Women's Wear Daily. “I like what she does. That’s the only reason.”