Michael Kors

Michael Kors Holdings Limited is a global lifestyle brand . The Company designs, materials and craftsmanship with a jet-set aesthetic that combines stylish elegance and a sporty attitude. The Company is an American sportswear house to a global accessories, footwear and apparel company with a presence in over 85 countries.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1981
Size (employees)
12,689 (est)
Michael Kors was founded in 1981 and is headquartered in New York, US

Key People at Michael Kors

Michael  Kors

Michael Kors

Honorary Chairman, Chief Creative Officer and Director
John  Idol

John Idol

Chairman, Chief Executive Officer and Director
Joseph   Parsons

Joseph Parsons

Executive Vice President, Chief Financial Officer, Chief Operating Officer and Treasurer
Cathy Marie  Robinson

Cathy Marie Robinson

Senior Vice President of Corporate Strategy and Chief Operations Officer
Pascale  Meyran

Pascale Meyran

Senior Vice President, Chief Human Resources Officer
Krista McDonough

Krista McDonough

Senior Vice President, General Counsel

Michael Kors Office Locations

Michael Kors has an office in New York
New York, US (HQ)
11 W 42nd St

Michael Kors Data and Metrics

Michael Kors Financial Metrics

Michael Kors's revenue was reported to be $4.5 b in FY, 2017 which is a 5% decrease from the previous period.
USD

Revenue (FY, 2017)

4.5 b

Revenue growth (FY, 2016 - FY, 2017), %

(5%)

Gross profit (FY, 2017)

2.7 b

Gross profit margin (FY, 2017), %

59%

Net income (FY, 2017)

551.5 m

EBIT (FY, 2017)

689.9 m

Market capitalization (22-Sep-2017)

7.2 b

Cash (01-Apr-2017)

227.7 m
Michael Kors's current market capitalization is $7.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.3 b3.3 b4.4 b4.7 b4.5 b

Revenue growth, %

(0%)32%8%(5%)

Cost of goods sold

1.3 b1.7 b1.9 b1.8 b

Gross profit

2 b2.6 b2.8 b2.7 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

919.2 m1.1 b1.3 b986 m1.1 b1.4 b987.9 m1.1 b1.4 b

Cost of goods sold

347.5 m411.6 m514.6 m382.3 m465.6 m565.5 m396.6 m443.5 m547.1 m

Gross profit

571.6 m645 m800.1 m603.6 m664.4 m832 m591.3 m644.7 m805.7 m

Gross profit Margin, %

62%61%61%61%59%60%60%59%60%
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017

Cash

5.7 m21.1 m113.6 m487.3 m971.2 m978.9 m702 m227.7 m

Inventories

426.9 m519.9 m546.8 m549.3 m

Current Assets

1.8 b2 b1.7 b1.2 b

PP&E

350.7 m562.9 m758.2 m591.5 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

1.1 b1 b949.8 m808.5 m431.5 m696.8 m337.1 m186.4 m368.8 m

Inventories

527.3 m619.3 m537.5 m606.5 m713.7 m588.3 m606.9 m695.7 m586.2 m

Current Assets

2 b2.1 b2 b1.8 b1.6 b1.7 b1.3 b1.3 b1.4 b

PP&E

404 m453.8 m532.3 m624.2 m672.4 m739.9 m798.7 m801 m771 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

661.5 m881 m837.7 m551.5 m

Depreciation and Amortization

79.7 m138.4 m183.2 m219.8 m

Inventories

(160 m)(110 m)(16 m)20.6 m

Accounts Payable

49 m5.8 m14.2 m37.5 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

187.7 m394.7 m698.4 m174.4 m367.5 m661.4 m146.3 m307 m578.3 m

Depreciation and Amortization

29 m63.1 m100.6 m41.6 m87.7 m132.7 m50.4 m106.8 m162.5 m

Inventories

(100 m)(201 m)(125.3 m)(80.6 m)(180 m)(65.6 m)(32.4 m)(120.2 m)(20.2 m)

Accounts Payable

8 m48.2 m46.5 m29.2 m58.7 m47.2 m25.6 m38.3 m74.4 m
USDY, 2017

Revenue/Employee

354.1 k

Financial Leverage

1.5 x
Show all financial metrics

Michael Kors Operating Metrics

Michael Kors's Stores was reported to be 668 in FY, 2016
FY, 2013FY, 2014FY, 2015FY, 2016

Stores

304405526668
Show all operating metrics

Michael Kors Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Jimmy ChooJuly 25, 2017£896 m

Michael Kors Market Value History

Michael Kors Revenue Breakdown

Traffic Overview of Michael Kors

Michael Kors Online and Social Media Presence

Michael Kors News and Updates

How Snap board member and Hearst executive Joanna Coles made a series of bold moves — like bursting into a bathroom stall and tossing a man out of a cab — to reach the top

Joanna Coles is the chief content officer at Hearst — the first person to hold that position at the company. She was formerly the editor-in-chief of Cosmopolitan and Marie Claire magazines. Coles is also a Snap board member. As a reporter for The Guardian and The Times o…

Bella Hadid won't let anyone get away with pushing a woman

Don't mess with anyone around Bella Hadid. After heading out of the Michael Kors fashion show Wednesday, the model stepped into action when a security guard became a little too rough with a female photographer.  The 20-year-old model shouted, “Can you please, don’t touch her?” She then turned t…

It’s not hard to beat Rolex, Apple

 A collective Internet gasp went up yesterday when, once again, the Apple Watch beat most major watch companies in terms of revenue. It’s not surprising not that the Apple Watch outsold Rolex and Omega and other luxury watch makers. What is surprising is that Rolex and Omega are still fighting this …

Review: Michael Kors’ new Access smartwatches show fashion brands could save Android Wear

While Android phone makers seem to be giving up on Android Wear, traditional fashion brands only seem to be embracing it more. And you know what? It might be one of the best things for the future of the smartwatch. Michael Kors’ new Sofie and Grayson smartwatches are not just good-looking watches, t…

Facebook says Russians bought $100k in ads to influence US election [Update]

Representatives from Facebook today informed congress that it inadvertently sold advertising space to Russian operatives seeking to influence the 2016 US presidential election. The social network, after investigation, was able trace $100,000 to a “troll farm” in Russia. Facebook Chief Security Offic…
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Michael Kors Company Life and Culture

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