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Will litigate, if necessary. Photo via Getty Images.
It appears that the Tory Burch and Chris Burch showdown is finally over: According to the Post, Chris "has been forced to step down" as co-chair from the Tory Burch brand, due to the fact that his new C.Wonder label shares more than a few similarities with Tory Burch's bright, preppy aesthetic. The source explains that Tory is now the sole chair of the company, and that even though Chris is still currently a shareholder, his remaining shares may be sold through Barclays Capital.
Being the lady that she is, Tory is trying to keep things from getting all messy. The source continues: "She is asking [Chris] to change his concept, which includes C. Wonder's product, the design and the boutique. It remains Tory's intent not to litigate — she is hopeful he'll agree to change his concept. Litigation would be the very last resort." Meaning, she'll still do it, but would rather not.
· Burch gives up his chair [NYP]
· Burch vs Burch [Racked]