Tory Burch expands in Australia with new Sydney store
Sep 25, 2019
U.S. fashion brand Tory Burch continues to expand its retail footprint in Australia, opening its second standalone store in the nation, located inside Sydney's city centre.
It is the New York-based brand’s second location in Australia, following the opening of its first standalone store in Sydney at Westfield Bondi Junction last year.
Tory Burch's latest opening is located along Sydney's central shopping strip, Pitt Street, and forms part of the Sydney Westfield retail mall.
According to a press release, the new boutique takes inspiration from the designer's home in the West Indies,
The store’s façade features oak paneling, as well as large glass doors and brass fixtures. Inside, the interior has been designed to feel like a residential home: oak panel walls, cane tables and aged brass étagères some of the main materials used to create a neutral zone for leopard rugs and white couches, as well as the Tory Burch line.
The Manhattan brand said that a wide range of the Tory Burch collection will also be available at the new Sydney boutique, including women's ready-to-wear, shoes, bags, accessories and eyewear.
The eponymous Tory Branch label was founded in 2004 in New York's Nolita neighborhood in Manhattan. In the last fifteen years, Tory Burch has witnessed solid growth, expanding to 250 stores worldwide and 3,000 multibrand retail partnerships.
In late 2018, Tory Burch bought back the stake sold to Montecarlo-based investment fund Tresalia Capital in 2009, increasing the stake held by Burch and the label's main shareholders, General Atlantic and BDT Capital Partners.
Soon after, Pierre-Yves Roussel, formerly with the LVMH group and the husband of Tory Burch, was named CEO of Tory Burch in December, relinquishing his wife from the top spot, despite staying on as chief creative officer and executive chairman.
More recently, Tory Burch named ex-Prada executive Stefano Sutter as president Europe and Middle East in February this year; a newly created role to facilitate business growth in the region.
Copyright © 2020 FashionNetwork.com All rights reserved.