If you have come across famous retail brands such as Tory Burch, then you probably have heard about Chris Burch. Chris undoubtedly has an eye for entrepreneurship; he has founded and cofounded many recognized products. On top of that, he has gone ahead to expand his horizon by becoming a hotel owner. In 2012, Burch and his friend James McBride bought a beach hostel, and then pumped about $ 30 million in renovations to turn into something marvelous. In 2015, the hostel was reopened as Nihiwatu, a five-star hotel in Sumba a remote island in Indonesia. In 2016, it was voted by the Travel and Leisure as the best hotel in the world. Check businessinsider.com.
The name Nihiwatu means mortar stone, and it has a nickname means the edge of the wildernesses of its location. The hotel is doing a bit of social justice in the area by giving a lot of locals there employment opportunities. Also, some of the profits accrued by the hotel are given to the Sumba Foundation which helps in funding local communal projects. Nihiwatu also boasts of having 27 villas and beautiful environs. Nihiwatu boasts of the best hospitality that there is in Indonesia. Continue reading about the above on forbes.com.
Mr. Burch is a 64 years old Miami-born entrepreneur who founded and is also the CEO of Burch Creative Capital. For a detailed look at Burch Creative Capital, hit burchcreativecapital.com. He has invested widely in a variety of businesses such as Tory Burch to which he is the co-founder. He is also an investor and an advisor at Grability and Chubbies Shorts. He also cofounded Poppin a company dedicated to offering trendy and magnificent office products. He has sunk his investments into many companies; most of them start-ups while others established. Such companies are Rappi, Hooch, Nanoleaf, and Bmoda among many others. In July 2014, he joined forces with the famous TV talk show Ellen DeGeneres in launching her lifestyle brand called ED. Related reading on fashionista.com.
Chris is a staunch believer in the power of branding, which makes him good to apply his knowledge in lines of fashion, marketing, and hospitality just to mention a few. He went to Ithaca College where he learnt business. He has also been on the board of Rothman Institute Orthopedic Foundation. In addition to that, Burch is also the former President of The Pierre Hotel Co-op Board. Keeping in mind, Burch is also very philanthropic with foundations such as the Sumba Foundation, The Henry Street Settlement just to mention a few.
A must-read interview of Burch on http://interview.net/chris-burch-of-burch-creative-capital/