Michael Kors Holdings (NYSE: KORS) is on The StockGuru Leader Board today. The stock is up as much as 23.95% on Tuesday.
Volume traded – so far – as this release was issued intraday: 10,461,911
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About the Company:
Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded womens apparel and accessories, and mens apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. It operates in three segments: Retail, Wholesale, and Licensing. The Retail segment engages in the sale of womens apparel; accessories, which include handbags and small leather goods, such as wallets; womens footwear; and licensed products comprising watches, fragrances, and eyewear. As of October 1, 2011, its retail segment had 169 retail stores, including concessions in North America; and 34 international retail stores comprising concessions in Europe and Japan. The Wholesale segment sells accessories, which include handbags and small leather goods, such as wallets; footwear; and womens and mens apparel to department stores and specialty shops in North America, Europe, and Japan. The Licensing segment licenses its trademarks on products, such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, footwear, mens suits, swimwear, furs, and ties, as well as licenses rights to third parties to sell the companys products in geographical regions, including Korea, the Philippines, Singapore, Malaysia, the Middle East, and Turkey. The company was founded in 1981 and is based in Tsim Sha Tsui, Hong Kong.
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