Birth Name: Donna Ivy Faske
Born: October 2, 1948 in Fort Hills, New York
*Mother was a showroom model, her father was a suit designer (died when she was 3 yrs.) and her step father was in the fashion business
*Attended the Parsons School of Design in New York City
* Interned for Anne Klein and became an associate designer within 2 years
*In 1973 Donna Faske married boutique owner Mark Karan and had a daughter
*In 1974 took on head designer of Klein company when Anne Klein died
*In 1984, the owner of Anne Klein firm encourages Karan to start her own company investing $3 million in Donna Karan New York and providing a 50 percent stake
*By 1985 with the help of her second husband, Karan debuted her first modern designer collection, “Seven Easy Pieces”
-Includes a body suit, wrap skirt, a chiffon blouse, a long jacket, leggings, blazer, and dresses for an interchangeable used for day or night
*In 1988 created a more affordable and younger fashion line, Donna Karan New York (DKNY)
*In 1990 introduced DKNY men’s line
*In 1994 opened her first flagship store in London and an outlet store in New York two years later
*Resigns by 1997 as CEO, but remains chairman and designer and beauty division sold to Esteè Lauder
*In 2001, Karan sold her company to a French conglomerate, LVMH (Moet Hennessy Louis Vuitton) for nearly $650 million, but would continue to design for brand
-Included apparel, shoes, jewlery, perfume and home goods
*In 2003, Karan was the first American designer to receive Fashion Group International’s “Superstar Award.”
*In 2004 she received the Lifetime Achievement Award from the Council of Fashion Designers of America
*As of October 2006, Mark Weber is CEO of Donna Karan International.
*In 2012 DKNY opens up 48 new stores worldwide
Fun Fact:
*At the age of 14, Karen began making and selling her own clothes and at one point left school to work at a boutique
*Average networth is over $400 million
www.biography.com; www.vogue.com; Image courtesy of The Donna Karan Company