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Michael Kors is the youngest man and company to receive the CFDA Women’s Fashion Designer of the Year Award, the CFDA Men’s Fashion Designer of the Year Award, the ACE Accessory Designer of the Year Award, and the CFDA Lifetime Achievement Award, along with other awards.
The company’s increase in net retail sales was attributed to the company’s North American e-Commerce presence and further expansion into Asian markets such as China and South Korea, indicating that there are specific strengths the brand can build on despite poor U.S. store results.