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Last January, Ms. Burch disclosed minority investments from two private equity firms, BDT Capital Partners and General Atlantic. Those backers told The Large apple Times in August their investments obviate the desire for Tory Burch to raise money in an I.P.O. Yet private equity firms typically seek to exit their stakes after several years, often through an average offering.
Nearly 75% of designers shunned colored. (The rest selected jewel tones, having a preference for blue.) Starting in Rhode island City, neutral palettes ruled the fashion runways. Donna Karan's catwalk was all brown. Michael Kors' was every shade of brown. Zac Posen reached for gold and copper metallics. However, where collections lacked vibrancy, they compensated with luxurious textiles.