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Blue Chip Growth

Stock Report: Michael Kors Holdings Ltd (KORS) Report Updated: Oct 27, 2014 | Print This Page

Michael Kors Holdings Ltd© quotemedia

Company Profile

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded womenís apparel and accessories, and menís apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. It operates in three segments: Retail, Wholesale, and Licensing. The Retail segment engages in the sale of womenís apparel; accessories, which include handbags and small leather goods, such as wallets; womenís footwear; and licensed products comprising watches, fragrances, and eyewear. As of March 31, 2012, its retail segment had 191 retail stores, including concessions in North America; and 46 international retail stores comprising concessions in Europe and Japan. The Wholesale segment sells accessories, which include handbags and small leather goods, such as wallets; footwear; and womenís and menís apparel to department stores and specialty shops in North America and Europe. This segment has 2,027 department store and specialty store doors in North America; and 650 international department store and specialty store doors. The Licensing segment licenses its trademarks on products, such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, footwear, menís suits, swimwear, furs, and ties, as well as licenses rights to third parties to sell the companyís products in geographical regions, including Korea, the Philippines, Singapore, Malaysia, the Middle East, Turkey, China, Hong Kong, Macau, and Taiwan. The company was founded in 1981 and is based in Tsim Sha Tsui, Hong Kong.

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