Christopher Burch Sells Stake of C. Wonder
Boston-based investment firm Fidelity has taken a 10 percent stake Christopher Burch's C. Wonder reports WWD.
"This investment underscores that C. Wonder is resonating not only with our customer but with the financial and retail community," said Burch, who is chief executive officer of Burch Creative Capital. "I am immensely proud of the work that Amy Shecter, president of C. Wonder, and her team have done in the last 16 months since we opened the first C. Wonder in SoHo in October 2011."
Burch plans to expand the chain to 100 stores by the end of 2014, including 20 to 30 stores in abroad markets like as Japan, Germany and Dubai.
About C. Wonder
C. Wonder is a shopping destination that transports women into a world of luxury and surprises
Created to deliver brightness to every corner of life, C. Wonder offers an entirely new retail experience: clothing, accessories and home decor products of outstanding quality and astonishing value in a setting that excites and inspires.
C. Wonder offers a diverse assortment of beautiful, versatile and spirited products that pair timeless design elements with fresh twists, such as unexpected colors and patterned linings. We edit our collection to offer solely must-haves - key items to enhance a room, refresh a wardrobe or inspire a memorable experience.
More On: reports WWD, C. Wonder.