Tory Burch leathers up as she hunts for an investor earlier this year on the upper east side.
The hot apparel and accessories firm, which is estimated to generate as much as $200 million in wholesale volume annually, is shopping around a 30 percent stake in the New York-based business, according to sources.
The steep asking price ? a $935 million to $1 billion self-valuation for the whole company and about $300 million for the 30 percent stake ? has narrowed the field of investors down to two main bidders, TSG Consumer Partners and Bear Stearns Merchant Bank, said industry sources.