Sometimes you’ll be the hottest thing on the block,” he said. “Sometimes you’ll be lukewarm. Sometimes you’ll be cold.”

Fashion designer Michael Kors told a federal judge that competition in the handbag market is so robust and varied that he first learned about one brand only when he saw a photo of a bag on Taylor Swift’s arm.

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Fashion designer Michael Kors (CPRI) cited TikTok trends and Taylor Swift’s embrace of independent brands as proof that the luxury handbag market is competitive in a Manhattan courtroom on Monday.