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Michael Kors history
Michael Kors company history timeline
In 1993, one of the brand’s licensing partners in Italy stopped producing his Kors collection, forcing him to file for bankruptcy and put the line on hold.
Kors bounced back in 1997 after Moët Hennessy Louis Vuitton SE (LVMH) invested in his company, allowing him to restructure and launch a lower-priced line.
In 2002, Kors launched its first line of menswear.
In 2003, Michael left Celine to concentrate on his own brand Kors.
In 2011, Michael celebrated the 30th anniversary of KORS. Michael was a judge on the Bravo Emmy-nominated reality show Project Runway.
In 2013 Michael Kors launched “Watch Hunger Stop,” partnering with the United Nations World Food Programme (WFP) to help fight world hunger.
In 2014, Michael Kors’ personal net worth was estimated at around $1 billion.
In 2015, Michael was named the Global Ambassador Against Hunger by the United Nations’ World Food Program.
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Michael Kors competitors
Company Name  | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| GUESS | 1981 | $2.7B | 14,701 | 265 |
| Abercrombie & Fitch Co | 1892 | $3.7B | 44,000 | 2,402 |
| The Donna Karan Company LLC | 1984 | $440.0M | 3,000 | - |
| Ralph Lauren | 1967 | $6.4B | 18,250 | 447 |
| Gap Inc. | 1969 | $15.6B | 117,000 | 2,664 |
| Neiman Marcus Group | 1907 | $4.9B | 13,500 | 477 |
| Saks Fifth Avenue | 1924 | $1.9B | 12,900 | 246 |
| Gucci | 1921 | $7.1B | 25 | 52 |
| Coach | 1941 | $6.7B | 30,000 | 504 |
| Burberry | 1856 | - | 9,752 | 26 |
Michael Kors history FAQs
Zippia gives an in-depth look into the details of Michael Kors, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Michael Kors. The employee data is based on information from people who have self-reported their past or current employments at Michael Kors. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Michael Kors. The data presented on this page does not represent the view of Michael Kors and its employees or that of Zippia.
Michael Kors may also be known as or be related to Michael Kors and Michael Kors (USA), Inc.