In the year that has seen hallowed fashion names such as Christian Lacroix and Yohji Yamamoto filing for bankruptcy, American designer Michael Kors has opened new shops in Chicago, Toronto and London. His flagship in Palm Beach opened its doors a week after the Madoff scam came to light. He also launched his third fragrance last month, dressed Michelle Obama for her official White House portrait, and has filmed his seventh season of reality TV show Project Runway, in which he appears as a judge of young fashion designers hoping to make the big time. If the crunch has hit the luxury goods market where it hurts, Kors certainly hasn\'t felt it.
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