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Channel: buzzfeed news News from BuzzFeed Inc. on December 12, 2014 at 9:10 PM
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Exclusive: C. Wonder Is Closing Most Of Its Stores

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BuzzFeed - The chain, a “revenge retail” project by Tory Burch’s ex-husband Christopher, is closing up to 20 of its 32 locations and transitioning into a wholesale brand, BuzzFeed News has learned. C. Wonder / Via Facebook: CWonderStore C. Wonder, the chain created by Tory Burch's ex-husband Christopher in 2011, has plans to shutter most of its stores and transition into a wholesale brand, BuzzFeed News has learned. The retailer will close up to 20 of its 32 locations by Jan. 1, depending on how lease negotiations unfold, two people familiar with the matter told BuzzFeed News on the condition of anonymity. C. Wonder, which bears a close likeness to Tory Burch's luxury brand, though is less expensive, has trimmed its corporate staff to around 75 people from near 120 in the past year, one person estimated. At least three top executives have left since the end of September. Store leaders were warned about the impending closures about a month ago, two people said. It's

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