My last selection would have to be Tory Burch, the women’s clothing line started in her apartment back in 2004. Now with 73 stores in the U.S., Canada and elsewhere, it appears an IPO could be as successful as Michael Kors (NYSE:KORS), which is up 95% since going public last December.
With revenues of approximately $800 million thanks in part to an appearance on Oprah in 2005, it started making money within the first year. Focusing on opening new stores in 2012, $1 billion in revenue should be attainable by 2015.
Already popular because of her clothing and other products, Burch has set up a foundation to provide micro-loans to female entrepreneurs in America. By the time the IPO comes along, I’m sure the foundation will be as well known as the brand. She’s definitely someone to admire.
As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.