Tory Burch LLC Sells Minority Stake to Tresalia Capital.

NEW YORK, July 24 /PRNewswire/ -- Tory Burch LLC today announced that a minority stake in the company has been acquired for an undisclosed amount by Tresalia Capital, a private family investment company based in Mexico City.

"We are thrilled to announce this new partnership," says Tory Burch. "The team at Tresalia Capital has the same entrepreneurial values that our brand was built on. They have a great understanding of the vision we have for Tory Burch Shoes and the future of our company. I look forward to working with them as we continue to expand and diversify our brand on a global scale."

Tory Burch

Tory Burch is a luxury, lifestyle brand with an eclectic sensibility, which embodies the personal style and spirit of its co-founder and creative director, Tory Burch. Perceiving a void in the market for a sophisticated American aesthetic at an accessible price point, Tory wanted to create stylish yet wearable clothing and accessories for women. Launched in February 2004, the line is available at 18 free-standing Tory Burch boutiques across the US, http://www.toryburch.com/ and at over 450 select department and specialty stores worldwide.