Tuesday, January 8, 2013

Twitterati Fashion Recap: Tory Burch is a Billionaire, Tom Ford Returns to the Runway and More



This week in #Twitterati, Tory Burch becomes a billionaire as a result of her ex-hubby and former adversary, Raf Simons debuts his first ever Dior campaign, and Tom Ford announces a return to the runway. For more scoop-filled twit-bits, keep reading this week's most happening fashion moments as tweeted, hashtagged, and trended in the Twitterverse. 

2013 might just be Tory Burch's best year yet. Not only has the designer and her former hubby, Chris Burch, called a truce after a long winded battle, but Tory made some major cash too. Confused much? Let Twitterati break it down for you. For starters: "Fashion's most famous feuding ex-couple call[ed] a truce for the new year," tweeted Fashionista.com, ending one of 2012's biggest fashion beefs. While details of the settlement have been rather murky, one rather large figure did result from the end of Burch v. Burch. Fashionista hints, "Fashion has a new billionaire! Which designer's net worth just passed the billion $$$ mark—all thanks to her ex-hub?" Need us to repeat that for you? It's true, The Cut confirms, "Tory Burch Is Now a Billionaire, Thanks to Chris." So, just how did Chris go from sworn enemy to fairy Godfather in a matter of days? As British Vogue explains, "Tory Burch is a made billionaire, as her ex-husband sells his stake in her label," for billions, making the American designer significantly wealthier. So, is Tory's newfound wealth all thanks to Chris? According to Forbes Woman, the "fashion tycoon Tory Burch becomes a billionaire (thanks, in part, to $200 ballet flats)." 

Image via: HRC/WENN.com

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