Millennials are looking for brands whose values align with their own; they want to feel good about where they’re putting their money.
Tory Burch has never had to worry about being authentic; she’s been ahead of the curve since day one
Plenty of brands are promoting those issues, some with varying degrees of honesty. But Tory Burch has never had to worry about being authentic; she’s been ahead of the curve since day one. For starters, her brand—now worth $2.5 billion—was born in 2004 with a mission to combine luxury with affordable prices. That’s the m.o. of practically every new company in 2019, but at the time, it was prophetic. Burch understood both what women wanted and where the industry was headed. A few years later, in 2009, she built the Tory Burch Foundation, a nonprofit that supports the empowerment of women entrepreneurs and advocates for gender equality. It’s important to note that this was before Instagram, before the days of viral social media campaigns, and before we had to be dubious about a brand’s “do good-ing” efforts. Burch’s vision was sincere; it wasn’t driven by the potential upside of becoming a “face” of feminism, though that’s precisely what so many women have come to think of her as.