Chris Burch, a venture capitalist who has helped launch dozens of fashion brands, is best known for the one he started with his wife, Tory, in 2004. When they divorced two years later, he remained on the board of directors of Tory Burch LLC. It was a pleasant enough relationship until early this year. That’s when Chris Burch introduced a new brand, C. Wonder, that reminds an awful lot of people of the Tory Burch brand—especially Tory Burch herself. Except his is a lot more affordable.
Now they are fighting in court, with lawsuits of their own. He is suing her for breach of contract related to his stake in Tory Burch LLC. She is suing him for stealing trade secrets to produce a low-end, knock-off brand.