Herrera was born in Caracas, Venezuela. Based in New York City since 1981, throughout the 1970s and 1980s she was named one of the best dressed women in the world. Her empire grew rapidly and steadily and she went on to dress Jacqueline Kennedy Onassis for the last 12 years of her life.
In 2008, Carolina Herrera launched a lifestyle brand called CH Carolina Herrera. Suddenly, prom girls everywhere were exposed to a fresh outlook for prom and homecoming dresses. Later that year, the company opened four stores at The Galleria in Houston, Texas, Americana Manhasset, in Manhasset, New York, The Forum Shops at Caesars in Las Vegas, Nevada, and The Village of Merrick Park in Coral Gables, Florida. In 2006, the retailer opened a boutique in South Coast Plaza in Costa Mesa, California, and in NorthPark Center in Dallas, Texas.