Capri Holdings
#2784
Rank
$4.94B
Marketcap
United Kingdom
Country
Mr. John D. Idol (Chairman & CEO)
Ms. Krista A. McDonough (Gen. Counsel, Sr. VP & Chief Sustainability Officer)
Mr. Thomas J. Edwards Jr. (Exec. VP, CFO & COO)
Summary
History
Noticing the displays and garments, Bergdorf's fashion director Dawn Mello asked if he would show his collection to Bergdorf Goodman's buyers. In 1981, Kors launched his Michael Kors women's label at Bergdorf Goodman. In 1990, the company launched KORS Michael Kors as a licensee.
In 1993, the company was forced into a Chapter 11 filing, caused by the closure of the licensing partner for KORS Michael Kors. Putting the KORS line on hold, he designed for other labels before relaunching in 1997 with a lower-priced line, and in the same year was named the first women's ready-to-wear designer for French house Celine.In 2002, Kors launched his menswear line. Kors left Celine in October 2003 to concentrate on his own brand via holding company Michael Kors Holdings Limited , relaunched with a majority $100M investment from Canadian fashion investor Lawrence Stroll and his Hong Kong-based partner Silas Chou, who had previously purchased Tommy Hilfiger in 1989. John D. Idol was subsequently appointed CEO of the company, with a shareholding interest. The MICHAEL Michael Kors line was launched in 2004, which included women's handbags and shoes as well as women's ready-to-wear apparel.
In 2011, Stroll and Chou led an initial public offering in MKH Ltd on to the New York Stock Exchange, making them and Michael Kors billionaires. In June 2018, Chou sold the last of his investment in Kors.
Mission
Vision
Key Team
Ms. Jenna A. Hendricks (Sr. VP & Chief People Officer)
Mr. Don Witkowski (Pres)
Mr. Alejandro Martinez Galindo (Chief Information Officer)
Ms. Jennifer Michelle Davis (VP of Investor Relations)
Mr. Marcel Ostwald (Sr. VP of Menswear)
Ms. Francesca Leoni (Chief Brand Officer & Sr. VP)
Ms. Donatella Versace (Chief Creative Officer)
References
https://en.wikipedia.org/wiki/Capri_Holdings
https://in.investing.com/equities/capri-holdings-ltd-sao
https://finance.yahoo.com/quote/CPRI/profile?p=CPRI
https://www.comparably.com/companies/capri-holdings/mission
https://www.crunchbase.com/organization/michael-kors-holdings
https://sec.report/CIK/0001530721
Mr. John D. Idol (Chairman & CEO)
Ms. Krista A. McDonough (Gen. Counsel, Sr. VP & Chief Sustainability Officer)
Mr. Thomas J. Edwards Jr. (Exec. VP, CFO & COO)