The New York Post has the exclusive report, stating that Burch and Cohen have split amicably. Cohen was the North American Chairman and CEO of Recorded Music for Warner Music Group but stepped down in September 2012. Burch, in the meantime, has been weathering a storm of publicity over her contentious lawsuit with ex-husband Chris Burch.
To recap: The Burches divorced in 2006 but continued to serve on the board of Tory Burch together. Then Chris founded a C. Wonder, a seemingly competing brand, which Tory pressured him to change. Chris sued Tory, then Tory countersued Chris, and the whole thing finally wrapped up with a settlement in late December 2012.
In any event, Tory is now sans Chris and Lyor, meaning "one of New York’s most visible power couples" is no more. What she does still have: a $3.3 billion business and the title of "second youngest self-made female billionaire in America." Not too shabby.
See who else is in Tory's class: