Entrepreneurship and Brand Challenges

Tory Burch didn’t set out to make her name into a brand; she didn’t even set out to get into fashion. As a matter of fact, she sort of gave up any fashion ambitions when her first designs were rejected by Ralph Lauren. But after noticing there were plenty luxury brands and plenty of affordable brands but nothing in between, Tory began to see a gap that she could fill. She tried to revive a dormant brand from the 1960’s, until one phone call put an end to that idea. So in 2004, with the help of her husband—a fashion entrepreneur in his own right—Tory Burch launched Tory Burch, a lifestyle brand with everything from shoes and swimwear, to handbags and home goods. Despite a rift in the relationship with her husband, that also bled over into the business, Tory has built a global brand with over 300 stores worldwide.

This episode was produced by J.C. Howard, with music by Ramtin Arablouei

Edited by Neva Grant, with research help from Katherine Sypher.

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