![]() Kors’ company, which went public in December 2011, has been on a fast track, generating revenues of $1.96 billion last year. Kors attended FIT, where he recently endowed the Michael Kors Scholarship with a $1 million gift, establishing an annual scholarship for a fashion design student. “The committee’s mandate is to look not only at the previous year’s accomplishments, but at a lifetime of contributions to fashion,” she said. Valerie Steele, director of The Museum at FIT, said Kors has been nominated many times by the committee, which consists of journalists, retailers and curators. It’s not American anymore, it’s global,” Kors said. It’s a way of dressing, it’s a way of life, ultimately. I think people now realize there is more to American sportswear than jeans and T-shirts. “I’m always happy to wave the flag that design is not strictly haute couture, but that there is something about American sportswear that is such a part of global dressing now. ![]()
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