Michael Kors Appoints Judy Gibbons to Board of Directors

  Michael Kors Appoints Judy Gibbons to Board of Directors

Business Wire

HONG KONG -- November 01, 2012

Michael Kors Holdings Limited (NYSE: KORS) (the “Company”), a global luxury
lifestyle brand with a multi-channel strategy, unique design and strong
infrastructure, today announced that Judy Gibbons has been appointed to the
Company’s Board of Directors effective November 1, 2012. The appointment of
Ms. Gibbons brings the Company’s Board membership to seven.

Judy Gibbons has over 25 years experience in software, Internet, digital
media, e-commerce and mobile technologies. From 2005 until 2010, Ms. Gibbons
was employed by Accel Partners in Europe as a venture partner and board
member, focusing primarily on early stage equity investments across mobile
applications, digital advertising, e-commerce and social media. Prior to
joining Accel Partners, Judy was Corporate Vice President at Microsoft where
she spent ten years in international leadership roles in the company’s
Internet division. Previously she has held senior positions at Apple Inc. and
Hewlett Packard. Ms. Gibbons currently serves as a non-executive director of
Hammerson plc and Guardian Media Group plc. She is also a director of Virgin
Money Giving, a not-for-profit company within the Virgin group.

John Idol, the Company’s Chairman and Chief Executive Officer, said “We are
excited that Judy will be joining our Board. Judy is a proven business leader,
and we believe her strategic and operational knowledge of digital media,
e-commerce and technology will prove beneficial to us as we continue to build
our brand.”

About Michael Kors Holdings

Michael Kors is a world-renowned, award-winning designer of luxury accessories
and ready to wear. His namesake company, established in 1981, currently
produces a range of products through his Michael Kors, KORS Michael Kors and
MICHAEL Michael Kors labels, including accessories, footwear, watches,
jewelry, men’s and women’s ready to wear, and a full line of fragrance
products. Michael Kors stores are operated, either directly or through
licensing partners, in some of the most prestigious cities in the world,
including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich,
Istanbul, Dubai, Seoul, Tokyo and Hong Kong.

Forward Looking Statements

This press release contains forward-looking statements. You should not place
undue reliance on such statements because they are subject to numerous
uncertainties and factors relating to the Company’s operations and business
environment, all of which are difficult to predict and many of which are
beyond the Company’s control. Forward-looking statements include information
concerning the Company’s possible or assumed future results of operations,
including descriptions of its business strategy. These statements often
include words such as “may,” “will,” “should,” “believe,” “expect,” “seek,”
“anticipate,” “intend,” “plan,” “estimate” or similar expressions. The
forward-looking statements contained in this press release are based on
assumptions that the Company has made in light of management’s experience in
the industry as well as its perceptions of historical trends, current
conditions, expected future developments and other factors that it believes
are appropriate under the circumstances. You should understand that these
statements are not guarantees of performance or results. They involve known
and unknown risks, uncertainties and assumptions. Although the Company
believes that these forward-looking statements are based on reasonable
assumptions, you should be aware that many factors could affect its actual
financial results or results of operations and could cause actual results to
differ materially from those in these forward-looking statements. These
factors are more fully discussed in the “Risk Factors” section and elsewhere
in the Company’s Registration Statement on Form F-1 , as amended (File No.
333-183778), filed with the U.S. Securities and Exchange Commission.

Contact:

Investor Relations:
ICR, Inc.
Jean Fontana, 203-682-8200
jean.fontana@icrinc.com
or
Media:
Michael Kors Holdings Limited
Lisa Pomerantz, 212-201-8128
lisa.pomerantz@michaelkors.com