Michael Kors Now A Billionaire

February 5, 2014 • Fashion Blog, Fashion News

MICHAEL KORS Spring 2014

Michael Kors is now in the same category as Bill Gates and Warren Buffet. At 12:08 P.M. today, shares of Michael Kors Holdings, Ltd. hit an astounding $90.39 making Kors a new billionaire according to Bloomberg. Ever since the brands IPO in 2011, the brand has kept growing. From handbags to clothing the Kors label has made its way to the top.

–Rachel Bogo

Source: NY Mag

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