Tory Burch Lays off 100 to Focus on Tory Sport

For some it's Merry, but for employees at Tory Burch not so much. Company laid off 100 employees at its New York City headquarters to begin focusing in on Tory Sport. It currently is operating a Tory Sport pop-up store at 257 Elizabeth St., and will open a permanent freestanding Tory Sport store in the Flatiron District in March. The company has been investing in technology as well.