Michael Kors Holdings Limited operates as an accessories, footwear and apparel company. The company has a presence in approximately 100 countries. Segments The company operates its business in three segments, including Retail, Wholesale, and Licensing. Retail As of April 2, 2016, the company’s Retail segment included 390 retail stores in the Americas, including concessions; 278 international retail stores, including concessions, in Europe and Asia; and its e-commerce sites in U.S. and Canada. Wholesale As of April 2, 2016, the company’s wholesale segment included wholesale sales through approximately 1,532 department store and 929 specialty store doors in the Americas; and wholesale sales through approximately 1,222 specialty store and 206 department store doors internationally. Licensing This segment licenses to third parties certain production, sales and/or distribution rights. Products The company has three primary collections that offer accessories, footwear and apparel: the Michael Kors Collection, MICHAEL Michael Kors and Michael Kors Mens, all of which are offered through its retail and wholesale segments. The company also offers licensed products primarily through its retail segment. Michael Kors Collection In the Michael Kors Collection is a designer collection for women based on a philosophy of essential luxury and pragmatic glamour. The collection includes ready-to-wear and accessories, including handbags, footwear and small leather goods, many of which are made from fine quality leathers and other exotic skins. Michael Kors Collection establishes the aesthetic authority of the company’s entire brand and is carried in many of its retail stores, as well as in the finest luxury department stores in the world, including, among others, Bergdorf Goodman, Saks Fifth Avenue, Neiman Marcus, Holt Renfrew, Harrods, Harvey Nichols and Printemps. MICHAEL Michael Kors MICHAEL Michael Kors has a focus on women's accessories, primarily handbags, as well as footwear and apparel for women, and is carried in all of the company’s lifestyle stores, as well as department stores throughout the world. MICHAEL Michael Kors offers handbags designed to meet the fashion and functional requirements of the company’s consumer base; small leather goods, such as clutches, wallets, wristlets and cosmetic cases; footwear; and apparel, including dresses, tops, jeans, pants, skirts, shorts and outerwear. MICHAEL Michael Kors includes Bloomingdale’s, Nordstrom, Macy’s, Harrods, Harvey Nichols, Galeries Lafayette, Lotte, Hyundai, Isetan and Lane Crawford. Michael Kors Mens Michael Kors Mens is a collection of men's ready-to-wear, accessories, and footwear with a modern American style. Licensed Products Watches: Watches are sold in the company’s retail stores, its e-commerce site and by Fossil to wholesale customers in addition to select watch retailers. Jewelry: The company’s jewelry product line is complementary to the company’s watches and accessories lines and is comprised of bracelets, necklaces, rings and earrings. Its jewelry is sold in its retail stores, its e-commerce site and by Fossil to wholesale customers in addition to other specialty stores. Eyewear: In 2015, Luxottica became the company’s exclusive eyewear licensee for developing distinctive eyewear inspired by its collections. Its eyewear products are focused on status eyewear with sunglasses serving as a key category. Eyewear is sold in the company’s retail stores, its e-commerce site and by Luxottica to wholesale customers in addition to select sunglass retailers and prescription eyewear providers. Fragrances and Beauty: Estee Lauder is the company’s exclusive women’s and men’s fragrance licensee. Fragrances are sold in its retail stores, its e-commerce site and by Estee Lauder to wholesale customers in addition to select fragrance retailers. Strategy The key elements of the company’s strategy include growing its market share and revenue by ensuring that the majority of its product offerings each season are comprised of new products across its lifestyle portfolio; planning to continue to expand its luxury accesso
michael kors holdings ltd
(MKO:Berlin Stock Exchange)
London, WC2B 6UF
Phone: 44 2076 328 600
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