Michael Kors, 55, is a famous New York City-based fashion designer widely known for designing classic American sportswear and accessories for men and women. Currently, Kors is Honorary Chairman and Chief Creative Officer for his company, Michael Kors Holdings Limited, which has a market cap of $15.53 billion. Born Karl Anderson, Jr. in Long Island, New York, Kors was first exposed to the fashion industry by his mother, a model, and began designing and selling his own clothes as a teenager. After dropping out of the New York City Fashion Institute of Technology, Kors began releasing his own widely-successful collection. With a personal net worth of $1 billion, Kors is the 10th richest fashion designer in the world. Read on to see the five most expensive Michael Kors items out right now.
5. Suede Fringe Coat – $6,955
The second most expensive item of clothing from Michael Kors, this 100 percent leather Italian Suede Fringe Coat is a fashionably textured and handmade item available in a natural chocolate brown color. Cut from soft suede, this coat is a “moving masterpiece” that “takes on an artisanal approach to the season’s earthy look.”
4. Miranda Crocodile Medium Tote – $7,000
The first of three Michael Kors bags on this list, the Miranda Crocodile Medium Tote is “exotic,” “elegant,” and “efficient.” The new Miranda tote is rendered in genuine Nile crocodile leather, finished with traditional Kors polished hardware, features a semi-structured silhouette, and is available in elephant, bordeaux, luggage, chocolate, and black shades.
3. Tiered Wool Crepe Gown – $7,500
The Michael Kors Tiered Wool Crepe Gown is a black gown that has “all the elements of a fashion masterpiece.” Designed in stretch wool-crepe, this gown features a fitted bodice and billowing sleeves that give way to cascading ruffles that work their way down the gown’s body, which also provides an added dimension in its floral lace underlay.
2. Miranda Crocodile Large Tote – $8,000
A roomier version of the Miranda Crocodile Medium Tote, the Miranda Crocodile Large Tote is once again rendered in Nile crocodile leather and features signature polished hardware. One of Kors’ most spacious bags, the Miranda Crocodile Large Tote is “perfect for resting on your arm everywhere from avenues to airports.”
1. Julie Nile Crocodile Large Bag – $13,000
The most expensive Michael Kors item on the market right now is the Julie Nile Crocodile Large Bag, “a seamless blend of traditional and trend.” The Julie bag–which currently has a limited availability–mixes exotic crocodile leather with a vintage-inspired silhouette and features double-ring hardware, exposed topstitching, and a silk-lined interior. The bag is available in both elephant and chocolate shades.
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