Christopher Burch is a famous businessman born in 1953. He is the CEO and Founder of Burch Creative Capital, a corporation that deals with brand development and investments in New York. He’s also the Co-founder of Tory Burch, LLC. Chris started his entrepreneurial journey while still at Ithaca College. The success journey made his profile to feature on Forbes annual magazine ‘The World’s Billionaire’ in 2012.
At Ithaca College, in 1976, Burch and his brother, Robert, launched Eagle’s Eye apparel with a $2,000 capital investment. They would buy sweaters at $10 and sell them at $15. With the aim of selling more preppy sweaters to his college mates, he decided to look for a factory to produce the new brand to meet the growing demand. The venture grew and expanded to a tune of $165 million earned from sales over a period of 10 years. However, Chris later sold the business to Swire Group.
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Based on businessinsider.com, Burch and his wife launched Tory Burch fashion brand at a time when he served as a co-chairman of the company. In 2008, Chris founded J. Christopher Capital, LLC that he later renamed Burch Creative Capital. The firm was established to nurture his new brands and manage his ever-increasing ventures. Christopher Burch launched C. Wonder, which focused on supplying apparel, accessories, and home decor. The reputable business was later bought by Xcel Brands.
In partnership with Philippe Stark and Alan Faena Burch developed Faena Hotel + Universe, a classy hotel located in Buenos Aires. He has also financed a variety of global and local real estate’s businesses such as luxury homes in Florida, Southampton, Nantucket, and Palm Beach. Continue reading on bjtonline.com.
One of the Chris Burch’s ventures is Nihiwatu Resort, which he bought in 2012 and transformed it into a five-star hotel. Nihiwatu Resort was voted as the best hotel in the world in 2016 by ‘Travel and Leisure’. Burch, with the help of James McBridge, purchased an existing hotel at the coast of the Indonesian Island of Sumba with the aim of renovating it and transforming it into a five-star hotel. The two great investors spent $30 million renovating the hostel. Head over to this important site.
Chris has also been involved in establishing of other businesses such as Cocoon9, Poppin, Jawbone, Voss Water, and ED by Ellen DeGeneres. Chris is actively supporting the development of various lifestyle and consumer products brands including apparel, home décor in addition to technology, organic foods, and hospitality industries. Other reputable brands associated with Burch include Chubbies, Little Duck Organics, Soludos, Blink Health, and BaubleBar. See forbes.com for more.