Michael Kors on the Hunt for $500 Million for 'Aggressive Global-Expansion Plans'

If you have a few extra millions of dollars burning a hole in your pocket, but you don’t want to shell out that $1 billion Pierre Cardin is asking for in an outright sale of his label, perhaps your money would be better put to use in the hands of Michael Kors. The NY Post is reporting that it has discovered that the fashion mogul and television judge is attempting to raise $500 million for “aggressive global-expansion plans” for his eponymous brand.