Michael Kors is a rapidly growing global
luxury lifestyle brand led by a world-class management team and a
renowned, award-winning designer. Michael Kors vision has taken our Company from
its beginnings as an American luxury sportswear house to a global
accessories, footwear and apparel company with a presence in 74
countries. As a highly recognized luxury lifestyle
brand in North America with accelerating awareness in targeted
international markets, we have experienced exceptional sales momentum
and have a clear trajectory for significant future growth. Over the
years, we have successfully expanded beyond apparel into accessories including handbags, small leather goods, eyewear, jewelry and watches
and footwear.
One of his international location Hong Kong-based company, where Mr. Kors is the chief creative officer, priced it's initial public offering at $20, above the expected range of $17 to $19. The stock sale, which raised nearly $950 million, values the company at $3.8 billion.
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