COLLEGE PARK -- After buying arrive at Longboat Key, Michael Kors iPhone 5 wallet may making sure he has a store nearby for the his designer handbags.

Michael Kors women wallet will be opening a boutique in your Mall at University Town Town, according to a building application sent in with Sarasota County.

Kors, in whose net worth is valued around captal up to $1 billion, is known for designing luxury purses that fetch hundreds of dollars.

Kors, born Karl Anderson Jr., acquired two lots on ...