Michael Kors Holdings Limited is an American fashion company. It was started in 1981 by Michael Kors, and opened its first retail stores in 2006. It sells clothes, shoes, watches, handbags and other accessories. In 2015 it had more than 550 stores and over 1500 in-store boutiques in various countries. Michael Kors handbags have been a popular fashion trend among teenaged girls, according to a 2015 survey. Since 2017 the company said that it would no longer use animal fur in any of its products. In 2018 it announced a new store in Waterloo.