The Latest Valuation Of Tory Burch Is US $3 Billion 500 Million.

According to reports, the largest investor of Tory Burch bought shares from smaller investors holding shares. In the recent round of equity pfer, the value of the shares pferred to the stock market amounted to US $200 million, and the overall valuation rose to US $3 billion 500 million, compared with the appreciation of US $1 billion 250 million two years ago.

Tory Burch spokesman did not respond to this.

Long term shareholding shareholders Access Industries and Tresalia Capital, and 2012 private equity funds in the second half of the year, BDT Capital Partners and General Atlantic will continue to hold or increase their holdings.

In the equity trading of Tory Burch, market forces still play a role that can not be underestimated. The paction price also reflects the affirmation of the growth potential of some major shareholders and the willingness of small shareholders to sell shares in cash.

This equity paction will not have any impact on the management and operation of the company, but in view of the peak season of Tory Burch, it is necessary to monitor the market and adjust the value of the company at any time.

Because equity trading sets a valuation benchmark, Tory Burch or IPO will be risk-taking.

The last financing of Tory Burch was in the second half of 2012, and the deal ended in a chaotic lawsuit between Tory Burch and her ex husband Christopher Burch.

Before the paction, two people each had Tory Burch 28% stake.

Although Christopher Burch has some shares after the paction, it is not known whether he still owns the company's shares. He himself refused to disclose.

The equity trading in 2012 allowed BDT and General Atlantic to board the board, when Tory Burch's EBITDA (interest profit before depreciation and amortization) was $150 million, and the company valued at $2 billion 250 million, about 15 times that of EBITDA.

U.S.A

Fierce competition: Tory Burch increased value by 56% in 2013 or 2014 years, better than rival Michael Kors (47% in the open market performance stock return), but lagged behind Kate Spade & Co. (value added 157%).

Coach launched the "parity" handbag in the same period, but it still performed poorly and its share price fell by 28%.

Although these companies are valued at all

To be high, the performance of the open market is still affected by the uncertainty of the financial market: Michael Kors has a market capitalization of 14 billion 900 million dollars, Coach's market value of 10 billion 700 million dollars, and Kate Spade's market capitalization of 4 billion dollars.

In the summer of 2014, Tory Burch retail sales amounted to more than $1 billion, with 2500 employees and more than 3000 distribution outlets in more than 50 countries.

Sales of handbags and shoes accounted for 80%, and 75% of sales revenue came from the United States. This shows that the fashion industry is characterized by lucrative profits and large space for overseas promotion.

Now, Tory Burch is in the limelight, especially since September 2014, Ralph Lauren's former president and chief operating officer, the best CEO recognized by the fashion industry, and the addition of Roger Farah will help the company to further achieve the expected goals and enhance the expectations of investors.

Besides Farah, Tory Burch has joined another heavyweight. WAL-MART's former CEO Lee Scott has entered the board of directors of the company.

Despite the slow and stable business strategy of Tory Burch, Tory Burch has been expanding rapidly in the past two and a half years, and its competitiveness has been constantly improving: in 2013, the company launched beauty products and launched the wrist watch series in 2014.

But even if it has been profitable,

They may not have the patience to continue to wait. Some people who are optimistic about the future development of Tory Burch want to implement IPO in 2015 or 2016, while others want to wait until 2017 or 2018.

However, the management represented by Farah is not in a hurry to make Tory Burch a listed company, because it requires long-term plan for brand globalization and corporate decision. Before becoming a listed company, the company still needs enough capital and strong cash flow to reinvest and achieve more ideas. Tory Burch, as a non-listed company, has many things to do.

I believe that in the near future, Tory Burch will attract more and more attention from Wall Street investors.