By , he was able to relaunch a lower-priced line as well as become the women's fashion director of French fashion house Celine. There, he greatly improved the company's bottom line through a renowned collection of accessories and ready-to-wear clothes. In , Kors left Celine to focus on his label exclusively, incorporating menswear. He received the lifetime achievement award from the prestigious Council of Fashion Designers of America CFDA in , becoming the youngest designer ever to receive it. Many of his ad campaigns feature "jet-setters" in an exotic setting, such as on a safari, on the deck of a yacht, crossing the runway of an airport, etc.
In fact, the expansion of the brand has happened at a more rapid clip than for any other name in the fashion industry in recent memory. The company now boasts more than retail locations, including more than wholly owned stores. Name-recognition for the Michael Kors brand is greater than that for Prada, Gucci, Burberry, Ralph Lauren and many other luxury brands.
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However, this expansion is now cooling down, and some analysts are saying the brand's name is overheated, which is an ill tiding in the fashion industry. In , Kors' company went public on the New York Stock Exchange and shares jumped 25 percent that day. Early investors Chou and Stroll became billionaires from their stock holdings. A significant portion of the company's revenue comes from lucrative licensing deals for watches, fragrances, eyewear and other products.
Michael Kors' biggest competitors are Coach and Kate Spade, both of which sell many of their own versions of his most coveted products, handbags. While Coach was faltering until recently, before the hiring of new creative director Stuart Vevers, there is some indication that American consumers are beginning to have Michael Kors burnout, due to brand saturation and over-expansion.
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This will benefit both Coach and Kate Spade, both of which have a longer history and debatably more stylish appeal. Michael Kors on Twitter: Features promotions, industry announcements, fashion show pictures, backstage moments, celebrity spotlights, product promotions, pronouncements from Michael and trend updates. Michael Kors on Facebook: Features fashion show sightings, model runway pictures, behind-the-scenes spotlights, product promotions, video clips, PSAs and the occasional word from Michael himself.
Michael Kors on Youtube: Features video clips with collections and accessory introductions, fashion shows, behind-the-scenes portraits, interviews, celebrity spotlights, PSAs, commercials, and travel diary clips highlighting the company's stores and promotions around the world. Here you can get insights from Michael on his views of fashion, charities he supports and upcoming trends to watch.
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Some restrictions apply. Click through to see Michael Kors's current promo codes, coupons, discounts, and special offers. Make it yours in the Monogram Shop! Enjoy free personalized monogramming at Michael Kors. Enjoy special gifts, elite services, early access to sale and more. Prices reflect discount, so no coupon or promo code is needed to redeem this offer. No coupon is required to get this deal. Expired Deals. Shop now! This limited time offer is available with no coupon or promo code needed. Sale ending soon! Michael Kors coupon codes, promos, and other discounts are subject to change at any time - check back often for new discounts and promotions.
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Savings Guide for Seniors Covers both spending and saving during retirement. More From CouponFollow Access our guides, research, and other resources. Once there, you can search by product type, color and price. The company is regularly offering new items on sale, so be sure to check back often. Sign up for the Michael Kors email list. Doing so will get you exclusive access to deals not offered to other customers. Check the banner on the homepage for special promotional events and discounts.
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The Kors VIP program gives customers who shop on the site regularly access to special events. You will also earn rewards points as you shop in the VIP rewards program. When you have earned enough, you can redeem them for discounts and rewards. The New Arrivals section has a long list of items premiering on the site.
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