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/Management 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 Financials and Metrics

Michael Kors Financials

Michael Kors's revenue was reported to be $4.5 b in FY, 2017
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 (13-Nov-2017)

8.3 b

Cash (01-Apr-2017)

227.7 m
Michael Kors's current market capitalization is $8.3 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Revenue

740.3 m1 b919.2 m1.1 b1.3 b986 m1.1 b1.4 b1.1 b987.9 m1.4 b952.4 m

Cost of goods sold

290.4 m392.7 m347.5 m411.6 m514.6 m382.3 m465.6 m565.5 m443.5 m396.6 m547.1 m377.7 m

Gross profit

449.9 m619.5 m571.6 m645 m800.1 m603.6 m664.4 m832 m644.7 m591.3 m805.7 m574.7 m

Gross profit Margin, %

61%61%62%61%61%61%59%60%59%60%60%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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Cash

618.8 m828.3 m1.1 b1 b949.8 m808.5 m431.5 m696.8 m186.4 m337.1 m368.8 m273.7 m

Inventories

404.2 m431.6 m527.3 m619.3 m537.5 m606.5 m713.7 m588.3 m695.7 m606.9 m586.2 m616.1 m

Current Assets

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

PP&E

284.6 m321.5 m404 m453.8 m532.3 m624.2 m672.4 m739.9 m801 m798.7 m771 m585.5 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Net Income

270.8 m500.4 m187.7 m394.7 m698.4 m174.4 m367.5 m661.4 m307 m146.3 m578.3 m125.5 m

Depreciation and Amortization

34 m55.7 m29 m63.1 m100.6 m41.6 m87.7 m132.7 m106.8 m50.4 m162.5 m47.6 m

Inventories

(135.4 m)(162.2 m)(100 m)(201 m)(125.3 m)(80.6 m)(180 m)(65.6 m)(120.2 m)(32.4 m)(20.2 m)(55.6 m)

Accounts Payable

36.1 m62 m8 m48.2 m46.5 m29.2 m58.7 m47.2 m38.3 m25.6 m74.4 m(23.7 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

Michael Kors's Web-traffic and Trends

Michael Kors Online and Social Media Presence

Michael Kors News and Updates

Michael Kors Hopes to Win Customers with Experiences

Michael Kors’ turnaround plan hinges on making its customers feel like they’re being personally dressed by its namesake designer — even if they aren’t.

Ahead of Michael Kors Takeover, Jimmy Choo's Profit Almost Triples

The luxury shoemaker reported its pre-tax profit for the half year hit £18.1 million, helped by its retail and licensing businesses, as well as demand for its men's offering.

Michael Kors Joins BoF Careers, Over 100 Jobs in New York

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.

Michael Kors to Close 100-125 Stores

Michael Kors swung to a fourth-quarter loss and said it would close between 100 and 125 full-price retail stores over the next two years.

What Michael Kors' Bad News Means for the Future of Retail

Retail isn't dead, but it's not exactly healthy. And that's an understatement.

Michael Kors Could Be Courting Jimmy Choo, but It’s Complicated

Market watchers have mixed opinions on the pros and cons of the potential deal.

Michael Kors Company Life and Culture

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