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Michael Kors Holdings Limited (KORS)

-NYSE
91.44 Down 1.76(1.89%) 4:01PM EDT
|After Hours : 91.51 Up 0.07 (0.08%) 6:38PM EDT
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Michael Kors Holdings Limited
Tower 6
19th Floor
Tsim Sha Tsui,
Hong Kong - Map
Phone: 852 3928 5563
Website: http://www.michaelkors.com

Details 
Index Membership:N/A
Sector:Services
Industry:Specialty Retail, Other
Full Time Employees:6,379

Business Summary 

Michael Kors Holdings Limited engages 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. As of March 30, 2013, it had 231 retail stores, including concessions in North America; and 73 international retail stores, including concessions in Europe and Japan. 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, footwear, men’s suits, swimwear, furs, and ties, as well as licenses rights to third parties to sell the company’s products in geographical regions, including 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, KORS MICHAEL KORS, and various other related trademarks and logos. The company 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 Apr 1, 2014 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 10; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. John D. Idol , 55
Chairman and Chief Exec. Officer
7.56M37.40M
Mr. Michael Kors , 55
Honorary Chairman and Chief Creative Officer
7.61M0.00
Mr. Joseph B. Parsons , 61
Chief Financial Officer, Chief Operating Officer, Principal Accounting Officer, Exec. VP and Treasurer
1.26M52.95M
Mr. Lee S. Sporn , 55
Sr. VP of Bus. Affairs, Gen. Counsel and Sec.
932.00K25.02M
Mr. Britton Russell , 46
Sr. VP of Global Operations
285.00K0.00
Amounts are as of Dec 31, 2013 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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