KORS - Michael Kors Holdings Limited

NYSE - Nasdaq Real Time Price. Currency in USD

Michael Kors Holdings Limited

33 Kingsway
London WC2B 6UF
United Kingdom
44 20 7632 8600
http://www.michaelkors.com

SectorConsumer Cyclical
IndustryApparel Manufacturing
Full Time Employees8,166

Key Executives

NameTitlePayExercisedYear Born
Mr. John D. IdolChairman & CEO7.59MN/A1959
Mr. Michael David KorsHonorary Chairman & Chief Creative Officer7.65MN/A1959
Mr. Thomas J. Edwards Jr.CFO, COO, Exec. VP & TreasurerN/AN/A1964
Ms. Cathy Marie RobinsonCOO & Sr. VP of Corp. Strategy674.62kN/A1968
Ms. Pascale MeyranSr. VP & Chief HR Officer687.95kN/A1960
Amounts are as of December 31, 2017 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.

Description

Michael Kors Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear. It operates collection stores and lifestyle stores, including concessions and outlets. As of March 31, 2018, this segment operated 379 Michael Kors retail stores, including concessions in the United States and Canada (North America), and Latin America (the Americas); and 450 international retail stores, including concessions in Europe and Asia, as well as e-commerce sites in North America, Canada, Europe, China, Japan, and South Korea. The MK Wholesale segment sells handbags and small leather goods; footwear; and women's and men's apparel to department stores and specialty shops in the Americas, Europe, and Asia. The MK Licensing segment licenses its trademarks to third parties to operate retail stores and/or sell the its products in Brazil, the Middle East, South Africa, Eastern Europe, Asia, and Australia. The Jimmy Choo segment sells luxury footwear, handbags, and small leather goods through directly operated Jimmy Choo stores in North America; Europe, the Middle East, and Africa; and Asia, as well as through Jimmy Choo e-commerce sites. It is also involved in the wholesale distribution activities to partners, multi-brand department stores, and specialty stores worldwide; and licensing agreements related to the manufacture and sale of fragrance, sunglasses, and eyewear. As of March 31, 2018, this segment operated 629 wholesale doors. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, JIMMY CHOO, and various other trademarks and logos. Michael Kors Holdings Limited was founded in 1981 and is based in London, the United Kingdom.

Corporate Governance

Michael Kors Holdings Limited’s ISS Governance QualityScore as of July 1, 2018 is 9. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.