Turnover: 4.15 billion EUR (2020)

Country: United States

The company was founded in 1981 by Michael Kors in the United States. Michael Kors stores are located in most major cities around the world-New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo, Hong Kong, Shanghai, and Rio de Janeiro.

Michael Kors' product range is very broad and consists of ready-to-wear and fashion accessories for women and men, characterized by elegance and simplicity. The group's price positioning is quite high. Most of Michael Kors' handbag range is between 200 and 400 euros, making it a high-end brand. Michael Kors targets middle-class women in their 20s to 40s.

Michael Kors is a manufacturer and distributor of luxury accessories. It generates 64.8 percent of its revenue from fashion accessories (particularly handbags), far more than shoes (13.9 percent), apparel (12.8 percent), and licensed branded products (8.5 percent)

The geographical distribution of its business is mainly concentrated in the Americas (64.5 percent), Europe-Middle East-Africa (23.2 percent) and Asia (12.5 percent).

Financial Data

DUNS: 523106722

Legal Name: MICHAEL KORS (FRANCE)

Address: 5 RUE ROYALE , 75008 PARIS 8

Number of employees: Entre 200 et 249 salariés (2021)

Capital: 18 520 000 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016
Turnover 46 746 402 42 185 381 49 353 560 56 401 243 60 368 316 56 193 275 54 080 014
Gross margin (€) 23 547 517 23 573 029 29 608 958 36 607 054 39 247 597 37 386 641 36 121 321
EBITDA (€) 2 956 660 5 085 246 2 592 713 4 806 522 5 926 858 4 599 144 4 715 295
Operating profit (€) 1 758 384 545 477 880 860 2 852 303 2 961 315 2 660 627 3 323 010
Net profit (€) 460 376 -5 431 009 284 445 500 280 1 356 188 1 959 540 2 045 779
Turnover growth rate (%) 10,8 -14,5 -15,5 -6,6 7,4 3,9 -
Ebitda margin rate (%) 6,3 12,1 5,3 8,5 9,8 8,2 8,7
Operating margin rate (%) 3,8 1,3 1,8 5,1 4,9 4,7 6,1
Working Capital (turnover days) -118,5 165,4 -12,1 98,5 59,7 30,6 5,7
Working Capital requirements (turnover days) -81 206,9 11,6 118,1 88,4 65 22,1
Net margin (%) 1 -12,9 0,6 0,9 2,2 3,5 3,8
Added value / Turnover (%) 24,6 30,5 30,7 34,9 38,9 38,5 41
Wages and social charges (€) 8 421 624 8 683 600 11 498 841 14 343 452 16 443 222 15 932 766 14 575 414
Salaries / Turnover (%) 18 20,6 23,3 25,4 27,2 28,4 27

Company Managers:

Position First Name Last Name Age Linkedin
Président Robin, Leigh Gendron 44
Directeur général Borisav Djordjevic 54
Directeur général David Provenzano 44

Studies mentioning this company

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