Why Chris Burch Got Into The Hospitality Market

Chris Burch has spent most of his professional life planting the seeds for business ideas most notably in the fashion industry but also with several advanced tech companies in the Internet of Things area and even in home improvement. But hs’s also made several investments in hotel properties including a 2013 purchase of an Indonesian Island resort. This hotel, Nihiwatu has made it to the top of Travel & Leisure’s review list and it’s loved by tourists because of its beautiful beaches and hotel villas designed with some of the world’s best artwork. Burch said he wanted to buy this property because its tropical location and natural resources allowed him to be creative in his design plans while not harming the environment, and he also wanted to have something timeless to hand down to future family members (nihi.com).

Burch’s business investing is managed through Burch Creative Capital, a company he founded in 2008, but his business startup portfolio began back in 1976 when he turned a gig he ran while still in college into a multi-million dollar retail company known as Eagle Eye Apparel. He and his brother had bought $2,000 worth of sweaters that they began selling around campus, and as this business picked up they realized they could turn it into a big chain store. Eagle Eye Apparel reached as high as $140 million in sales one year and had as many as 50 stores in operation before Burch sold it in 1998.  Click entrepreneur.com for more.

In the years following the sale of Eagle Eye Apparel, Burch started a couple other fashion brands including C. Wonder and partial ownership of Tory Burch, a line that his then wife had gotten the idea for. He also owned shares in the Internet Capital Group and Guggenheim Partners, and around the same year that Tory Burch was founded he made an investment in the Faena Hotel + Universe in Argentina and had several other joint partnerships in the Florida real estate community with real estate guru Alan Faena.  Check architecturaldigest.com.  Burch Creative Capital got its name because Burch wants entrepreneurs that come to the company to let their imaginations go free and allow ideas of all sorts to take root, and in his blogs he’s even said that creativity and production can mesh together if entrepreneurs are willing to consolidate them. Companies seed funded at Burch Creative Capital include Voss Water, Actua, Next Jump, Poppin, Pypestream, Jack Rogers and Snowe Home.

For contact information, click on  http://www.burchcreativecapital.com/contact/


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