Michael Kors Holdings restricted style, markets, distributes, and retails branded women’s and men’s attire and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail section sells women’s apparel; purses and little animal skin goods; men’s apparel; footwear; and authorized product comprising watches, jewelry, fragrances, and sweetness and eyewear.
It operates assortment stores and style stores, as well as concessions and shops. As of march thirty -one, 2018, this section operated 379 Michael Kors retail stores, as well as concessions within the u.
s. and North American nation (North America), and Latin America (the Americas); and 450 international retail stores, as well as concessions in Europe and Asia, furthermore as e-commerce sites in North America, Canada, Europe, China, Japan, and Asian country.
The MK Wholesale section sells purses and little animal skin goods; footwear; and women’s and men’s attire to department shops and specialty shops within the Americas, Europe, and Asia.
The MK Licensing section licenses its logos to 3rd parties to work retail stores and/or sell the its product in Brazil, the center East, South Africa, Japan, Europe, Asia, and Australia.
The Jimmy Choo section sells luxury footwear, handbags, and little animal skin merchandise through directly operated Jimmy Choo stores in North America; Europe, the center East, and Africa; and Asia, furthermore as through Jimmy Choo e-commerce sites. it’s conjointly concerned within the wholesale distribution activities to partners, multi-brand shops, and specialty stores worldwide; and licensing agreements associated with the manufacture and sale of fragrance, sunglasses, and eyewear.
As of March thirty -one, 2018, this section operated 629 wholesale doors. The corporate sells its product beneath the names of Michael KORS Retail, Michael KORS licensing, JIMMY CHOO, and numerous different logos. Michael Kors Holdings restricted was based in 1981 and relies in London, UK.
Honorary Chairman, Chief inventive Officer and Director
Michael Kors is that the Chief inventive Officer of the archangel Kors complete, unearned Chairman of archangel Kors Holdings restricted and a director of the corporate. Mr. Kors studied fashion style at the style Institute of Technology in Manhattan and in 1981 created what has become a permanent and picture luxury manner empire with a particular purpose of read and international reach.
He controlled his 1st runway show in 1984 for the archangel Kors fall assortment and he had with success designed our Company into a world luxury manner complete. Mr. Kors has been the recipient of various trade awards together with the CFDA Womenswear Designer of the Year in 1999 and Menswear Designer of the Year in 2003. Amongst his alternative accolades, Mr. Kors has conjointly been awarded The Accessories Council ACE Award for Designer of the Year in 2006 and Fashion cluster International’s Star recipient at its annual Night of Stars Awards in 2009.
In 2010, the CFDA acknowledged Mr. Kors with their most prestigious honor, the period of time action Award. He conjointly received the Award of spirit from the yankee Foundation for AIDS analysis (amfAR) in 2011. Additionally, to any or all of those accomplishments, from 1998 to 2004 Mr. Kors conjointly served as inventive director of Celine, the French luxury complete.
(b) JOHN D. IDOL
Chairman, Chief military officer and Director
John D. Idol has been the Chairman of archangel Kors Holdings restricted since Sept 2011 and therefore the Chief military officer and a director since December 2003. Previously, from Gregorian calendar month 2001 till Gregorian calendar month 2003, Mr. Idol served as Chairman and Chief military officer and a director of Kasper sign language, Ltd., whose lines enclosed the Anne Klein complete. before that, from Gregorian calendar month 1997 till Gregorian calendar month 2001, Mr. Idol served as Chief military officer and a director of adult female Karan International Iraqi National Congress. previous to it, from 1994 till 1997, Mr. Idol served as Ralph Lauren’s cluster President and Chief operative Officer of Product Licensing, Home assortment and Men’s assortment.
M. WILLIAM BENEDETTO
M. William Benedetto has been a director of the corporate since Gregorian calendar month 2011 and Lead Director since Gregorian calendar month 2014. he’s a member of our Audit Committee and our Compensation and Talent Committee. Mr. Benedetto could be a co-founder and retired chairman retired of The Benedetto Gartland cluster, a shop investment bank supported in 1988 that makes a speciality of raising equity capital for personal equity corporations and providing alternative investment banking services. From 1983 to 1988, Mr. Benedetto served as government vice chairman, director and manager of Dean Witter painter, Inc.’s Investment Banking Division.
From 1980 to 1983, Mr. Benedetto served as head of finance for Warburg, Paribas Becker, and antecedently Mr. Benedetto served as associate government within the monetary services trade since 1978. Mr. Benedetto was lead director of woman Karan International from 1996 to 2001 and chaired its audit and compensation committees. Mr. Benedetto was a member of the board of administrators of Georgetown University, yet because the chairman of its board of regents till Gregorian calendar month thirty, 2010, and is presently a director of FidelisCare, a not-for-profit health care underwriter.
(d) ROBIN Freestone
Robin Freestone has been a director of the corporate since November 2016. He is the Chair of our Audit Committee and may be a member of our Compensation and Talent Committee. From 2006 through August 2015, Mr. edible fruit was Chief money dealer of Pearson Plc, having antecedently served as Deputy Chief money dealer since 2004. before that, he commands variety of senior monetary positions at Amersham plc from 2000 to 2004, Henkel Chemicals United Kingdom Ltd from 1995 to 2000 and ICI/Zeneca Agrochemicals Ltd (now Syngenta) from 1985 to 1995. He began his monetary and accounting career at Touche Ross (now Deloitte). Currently, Mr. edible fruit additionally is a non-executive director of Smith and kinsman plc and moneysupermarket.com.
(e) JUDY GIBBONS
Judy Gibbons has been a director of the corporate since November 2012. She is a member of our Audit Committee and our Governance and Nominating Committee. From 2005 till 2010, Ms. Gibbons was utilized by Accel Partners in Europe as a venture partner and member, focusing totally on early stage equity investments across mobile applications, digital advertising, e-commerce and social media. before change of integrity Accel Partners, Ms. Gibbons was company vp at Microsoft wherever she spent 10 years in international leadership roles within the company’s net division. antecedently she has command senior positions at Apple INC. and Hewlett Packard. Ms. Gibbons presently is a non-executive director of Hammerson plc, and Chairman of Which? restricted.
(f) ANN KOROLOGOS
Ann Korologos has been a director of the corporate since March 2013. She is the Chair of our Governance and Nominating Committee and may be a member of our Compensation and Talent Committee. Ms. Korologos may be a former U.S. Secretary of Labor. She is Chairman old of The poplar Institute, a noncommercial organization, and antecedently served because the Chairman of the Board of Trustees of the RAND Corporation from Apr 2004 to Apr 2009. Ms. Korologos has vital public company board expertise and presently is a director of Host Hotels ; Resorts, Inc. She antecedently served on the boards of AMR Corporation (and its subsidiary, yankee Airlines), Will Keith Kellog Company, Harman International Industries, Inc. and Vulcan Materials Company.
(g)STEPHEN F. REITMAN
Stephen F. Reitman has been a director of the corporate since Gregorian calendar month 2011. he’s a member of our Audit Committee and our Governance and Nominating Committee. Since June 2010, Mr. Reitman has been President of Reitmans (Canada) restricted, a specialty ladies’ wear merchant primarily based in Canada, having antecedently served as government vice chairman and Chief in operation Officer since 1984.
(h) JANE THOMPSON
Jane Thompson has been a director of the corporate since Jan 2015. She is a member of our Audit Committee and may be a member of our Compensation and Talent Committee. Ms. Thompson is presently Co-Founder and Director of The Fusion Labs, a UK-based digital selling and e-commerce company, that operates a network of niche e-commerce sites. From 2007 to 2009, Ms. Thompson was manager, International at IAC/InterActiveCorp (NASDAQ: IACI), a number one interactive media and net company, and from 2003 to 2007, she commanded varied senior roles at Match.com LLC, together with Senior vice chairman and head, North America. She conjointly antecedently worked as a advisor at Bain ; Company in London. Ms. Thompson presently is a director of Listcorp.com.
Jean Tomlin has been a director of the corporate since March 2013. She is the Chair of our Compensation and Talent Committee and may be a member of our Governance and Nominating Committee. From 2006 through the tip of March 2013, Ms. Tomlin served as Director of Human Resources of the London Organizing Committee of the Olympic and Paralympic Games. Previously, she was the Director of Human Resources of Marks ; Spencer plc, a significant British merchant. Ms. Tomlin additionally spent fifteen years at prudent plc and 9 years at Ford Motor Company within the United Kingdom of Great Britain and Northern Ireland in numerous human resources management positions. Currently, Ms. Tomlin additionally is a director of J. Sainsbury plc, the UK’s third-largest food merchant and foodstuff operator.
No. of Employees
Employee generally refers to a private operating underneath a contract of employment,whether or not, oral or written, categorical or tacit, and has recognized his or her rights and duties. Most officers of companies’ square measure enclosed as workers and contractors” square measure usually not included.
Cite this essay
Brands. (2020, Jun 01). Retrieved from https://studymoose.com/brands-25177-new-essay