Tory Burch Receives Retail Excellence Award From Wharton’s Baker Retailing Center

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Burch was recognized for her industry leadership and support of women entrepreneurs.

The event kicked off Wharton’s 2022 CEO Summit on March 1. The theme of the daylong event is “Values + Purpose: Leading the Neo-Renaissance,” featuring mission-driven leaders and companies.

During the cocktail hour, Baker said he established the Jay H. Baker Retailing Center 20 years ago when no students at University of Pennsylvania were going into retail, and they realized they needed to cultivate the next generation of retail leaders. What began with five students now has 150 to 200 students a year.

the school that I even hired a Wharton graduate, Pierre-Yves Roussel, and then I married him, too, and he’s my CEO.”asn’t a Wharton graduate studying business and retail, Penn’s College of Arts and Sciences is where she learned all the critical thinking and tapped into her entrepreneurial side. She said her ideas didn’t resonate with everyone at first, especially potential investors — many of whom were men. “One told me never mention business and purpose in the same sentence, and others described it as charity work. But their doubt only made me more determined.” one of two entrepreneurs are women but they receive just 2.3 percent of venture capital.

 

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