Tory Burch has some not-so-wonderful news for her ex-husband Chris Burch.

According to reports, the lifestyle and fashion designer, 45, is forcing Chris, 45, to step down as the co-chair of her mega-successful company, amidst allegations that his new C. Wonder stores are a blatant rip off of her brand.

PHOTOS: Stars with deisgner BFFs

The news comes as no surprise to many fashion insiders, who were shocked at the similarities between the two labels' aesthetics, down to the  monogrammed logos.

Kelly Cutrone came to Chris' defense, telling New York Magazine "I don't really get it. Did they trademark lacquer? Does Lilly Pulitzer start calling Tory and saying, 'Hey, you're doing a modernized version of what I used to do, please stop?'"

PHOTOS: Stars at Fashion Week 2012

Tory (who's maiden name is Robinson) married Chris in 1996 and they have three sons together. They split in 2006, but continued to function as business partners.

Get more Us! Follow us on Twitter, Friend us on Facebook, Subscribe to Us Weekly