The New York Post is reporting that Chris Burch is suing his ex-wife Tory Burch, claiming that she and her board members have impeded his C Wonder business.
In addition to wanting to get rid of his shares in the Tory Burch brand (he owns 28.3 percent), Chris Burch also wants to discredit her success. He claims he was the brains behind her brand. From WWD: “He said her prior experience in the fashion industry was limited to public relations and marketing work in the apparel sector, and that she ‘never operated any business and had never been employed as a clothing designer . . . Ms. Burch, while talented, did not have the core business experience necessary to assemble a team of top executives.”
Chris Burch’s lawyer Andrew J. Rossman said, “This action will set the record straight . . . Up until now people have heard a great deal of misleading information that this lawsuit will clear up.” A Tory Burch rep said, “Former board member Chris Burch has decided to take a business transaction to the courts. We believe his claims and assertions are totally without merit.”
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