Chris Burch is a man with his finger on the entrepreneurial pulse of retail business. He can add to his resume having founded several brands with international retail appeal: Tory Burch and C. Wonder. Now, Chris Burch takes his ability to spot retail winners to the hospitality sector. He bought a beach hostel on the Sumba Island in Indonesia in 2012. It took $30 million to renovate the property. Today, the world knows the five-start resort as Nihiwatu. In 2016, Travel + Leisure voted his venue the best hotel in the world. Check on businessinsider.com for more about the resort.
Burch credits his decision to buy the property as wanting to preserve it for his children, and also hopes that he can give back to the community in some measure. He says the location’s backdrop is so beautiful that it allowed him to innovate in ways other locations would not allow. For more of his entrepreneurial views, click on entrepreneur.com.
His investment turned out to be far more than he expected. As such, he can now spend time between his Hamptons residence and Nihiwatu where he owns a private home. Related article on architecturaldigest.com. The Indonesia location, one of his private homes, has an additional four villas with a private pool for each.
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Burch is also looking to take C. Wonder worldwide within three years. Additional investments include an office supply firm, a manufacturer of phone gadgets, a wireless charging outfit, and an impressive real estate portfolio that includes additional property in Nantucket. It also looks like his daughters are following in his footsteps with their own fashion line called Trade-Mark. Entrepreneurs like Burch rarely slow down. By the time they close one deal, they are usually looking for the next. More to read on bjtonline.com.
For contact details, visit http://www.burchcreativecapital.com/contact/