Chris Burch Files Suit
Christopher Burch on Tuesday filed a lawsuit against his former wife, Tory Burch, in an ongoing battle over their respective businesses, as well as over his attempts to sell his stake in Tory Burch. A complaint alleging six claims was filed by Christopher Burch’s companies J. Christopher Burch, JCB Investments and C. Wonder LLC in a Delaware Chancery Court against Tory Burch, Tory Burch LLC, individual board members of Tory Burch and Isla Coral, a subsidiary of the Mexican private equity firm that took a stake in Tory Burch in 2009.
Burch is seeking a declaration from the Delaware court that the defendants cannot stop him from pursuing other business ventures. Other claims include, but are not limited to, breach of contract and tortious interference with the sale process. Burch and C. Wonder are also suing both his ex-wife and Tory Burch the company for tortious interference with his business relationships with suppliers.
According to the court documents, what prompted Christopher Burch’s lawsuit was a series of meetings over a seven-day period last month in which the parties attempted to settle their differences in advance of an impending deadline that would terminate the sale process of Tory Burch the company. “Mr. Burch’s efforts proved unsuccessful because the constantly evolving concessions demanded by Tory Burch were simply too outrageous and appeared designed to cripple C. Wonder’s business,” the lawsuit charged. At one point, Burch suggested a neutral mediator assist with the negotiations, but realized a lawsuit was required when Tory Burch the company “would not even commit to mediation,” court papers said.
Horyn’s Words Must Really Hurt
A war of words erupted Tuesday between Hedi Slimane and Cathy Horyn after Yves Saint Laurent’s new creative director barred The New York Times fashion critic from his Paris runway debut for Saint Laurent on Monday. Horyn posted a review of the show on her On the Runway blog based on digital images, concluding that the collection was “a nice but frozen vision of a bohemian chick at the Chateau Marmont. Or in St. Tropez. Mr. Slimane’s clothes lacked a new fashion spirit. “I expected more from his debut,” she continued. “Meanwhile, its competitors — Balenciaga, Dior, Givenchy, Celine, Lanvin — are having a terrific season.”
In the post, Horyn also pinpoints the root of their prickly relations, saying Slimane “objected bitterly to a review I wrote in 2004 — not about him but Raf Simons. Essentially, I wrote that without Mr. Simons’ template of slim tailoring and street casting, there would not have been a Hedi Slimane — just as there would never have been a Raf Simons without Helmut Lang. Fashion develops a bit like a genetic line.”
Later in the day, Slimane posted a letter on Twitter in which he called Horyn, “a schoolyard bully and also a little bit of a stand-up comedian.” “As far as I’m concerned, she will never get a seat at Saint Laurent, but might get 2-for-1 at Dior,” Slimane wrote, alluding to Horyn’s vocal support for Simons, who joined Dior as its couturier earlier this year after seven years at the design helm of Jil Sander in Milan. “I don’t mind critics, but they have to come from a fashion critic, not a publicist in disguise. I am quite mesmerized she did get away with it for so many years.” Reached on Tuesday evening, Horyn shrugged off the missive, adding: “It’s just silly nonsense to me.”
Ivanka Trump’s New Licensee
Ivanka Trump has severed her relationship with HMX Group, which held the license to produce Trump’s women’s ready-to-wear collection. The women’s line, which was launched in the spring, is sold in stores such as Lord & Taylor, Macy’s, Nordstrom, The Bay, Von Maur and Belk.
According to sources, Trump is involved in discussions with other companies for a new licensing arrangement, but no agreement has been signed yet. A deal could be signed shortly. However, a spokeswoman for Trump said: “While we’ve recently ended our working relationship with HMX Group, we’re proud of the success we’ve enjoyed together and look forward to announcing plans for a new apparel licensee soon.” HMX, which continues to struggle financially, has never been adept at the women’s business. Sources said Trump’s rtw deliveries were late to stores this fall, and there were fit problems.
– Taneisha Jordan
Sources & Photo: WWDSee the Top Ten Summer 2016 Trends for Women Over 40