Established in 1981, Michael Kors is an American company selling clothes, accessories, jewelry, footwear and fragrances for both men and women. It was named after the New York City-based fashion designer of the same name. All these products are designed and manufactured under his signature Michael Kors Collection.
As a teen, Michael Kors began designing clothes and selling them out of his parents’ basement, which formed the basis for his business. In 1977, he enrolled at the Fashion Institute of Technology in New York. His stay was short-lived, as he soon took a job at a boutique across from Bergdorf Goodman on 57th Street. This is where he obtained a small space to sell his designs. Shortly after, Bergdorf fashion director Dawn Mello discovered Kors, who gave him a bigger opportunity to sell his works.
In 1981, the company launched the Michael Kors womenswear line at several shops in the US. While a bankruptcy in 1993 forced Kors to discontinue his products for a time, he managed to get back on his feet by 1997. Shortly after, Michael Kors worked with the Celine fashion house in France. It boosted the brand’s popularity with fashion accessories and a critically acclaimed ready-to-wear line.
Today, Michael Kors stores are operated either directly or through licensing partners. It now boasts a presence in some of the most prestigious cities in the world. These include New York, Chicago, London, Paris, Munich, Dubai, Seoul, Tokyo, and Hong Kong.
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