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Michael Kors Holdings Limited (KORS)

75.74 Down 0.04(0.05%) Oct 24, 4:03PM EDT
|After Hours : 75.74 0.00 (0.00%) Oct 24, 4:57PM EDT
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Michael Kors Holdings Limited
Tower 6
19th Floor
Tsim Sha Tsui,
Hong Kong - Map
Phone: 852 3928 5563

Index Membership:N/A
Sector:Consumer Goods
Industry:Textile - Apparel Clothing
Full Time Employees:9,184

Business Summary 

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing. The Retail segment is involved in the sale of women’s apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, fragrances, and eyewear. This segment operates through 605 retail stores and concessions, including 443 company-owned retail stores and 162 locations operated through its licensing partners. The Wholesale segment sells accessories, which include handbags and small leather goods, footwear, and women’s and men’s apparel to department stores and specialty shops in North America and Europe. The Licensing segment licenses its trademarks on products, such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, men’s suits, swimwear, furs, and ties, as well as licenses rights to third parties to sell the company’s products in geographical regions, such as Korea, the Philippines, Singapore, Malaysia, Indonesia, Australia, the Middle East, Russia, Turkey, China, Hong Kong, Macau Taiwan, Latin America and the Caribbean, and India. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. Michael Kors Holdings Limited was founded in 1981 and is based in Tsim Sha Tsui, Hong Kong.

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Corporate Governance 
Michael Kors Holdings Limited’s ISS Governance QuickScore as of Oct 1, 2014 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 10; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. John D. Idol , 55
Chairman and Chief Exec. Officer
Mr. Michael Kors , 55
Honorary Chairman and Chief Creative Officer
Mr. Joseph B. Parsons , 61
Chief Financial Officer, Chief Operating Officer, Principal Accounting Officer, Exec. VP and Treasurer
Mr. Lee S. Sporn , 55
Sr. VP of Bus. Affairs, Gen. Counsel and Sec.
Mrs. Pascale Meyran ,
Chief HR Officer and Sr. VP
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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