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These labels focus primarily on men's and women's apparel, handbags, footwear, eyewear, watches, fragrance, and bedding.Source of the problem: Upscale fashion brand Michael Kors is suing discount retailer Costco for allegedly falsely advertising its handbags at bargain prices without authorizationAs a result Michael Kors, who launched his eponymous fashion house in 2002, and his board of directors filed a lawsuit in a New York court last Thursday.The Michael kors outlet point of Costco's ads is to 'lure unsuspecting consumers away from bona fide Michael Kors retailers and into Costco stores,' the complaint noted.'When a consumer "takes the bait" and seeks to purchase Michael Kors handbags at a Costco store or on Costco's website, no such handbags are available.'Mr Kors, 53, who has sold off much of his company, also reportedly sent representatives into 19 different Costco branches and asked them to search the website, but was unable to find proof that his bags were on sale.Full-price designs usually range from $298 to $1,195. 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