Just when it seems impossible that Michael Kors can get any better, the king of American sportswear goes and outdoes himself yet again. The collection for fall begged the question (as most of his designs do): recession? What recession? The 64 runway looks represented a brilliant cross-section of current lifestyle dressing. “All about ease and relaxed glamour,” he said in his show notes. That translated into the most sumptuous chunky cashmere sweaters, distressed leather cargo vests, camel suede wrap shirts and, for the requisite red-carpet outing, elegant floor-skimming sequined jersey gowns. Simple full trousers were cut in crushed flannel while slits befit the elbows of a white coat worn with a deep-V sweater with the aim of keeping the arms slim. These are the sorts of clothes that conjure up private jets, mansions in the mountains and a no-limit credit cards (a shredded fox skirt anyone?). Let’s face the facts: this is a collection to covet.