this has only paved the way for brands like the Michael Kors of the world. Michael Kors raised $944 million in an IPO in December, valuing the company at $3.8 billion.So, they opt for the cheaper option, which is to find the same designer handbags in wholesale and pay remarkably less Michael Kors Handbags for the same thing. When they see girls of their age carrying these stylish and trendy handbags , they feel the need to get one for themselves as well, and not having a stylish handbag can ruin the whole attire for a stylish event.