Michael&Nbsp; Kors Brand Has A Market Value Of US $3 Billion 600 Million.

Fashion Designer

Michael Kors

Michael Kors's business was almost bankrupt in the 90s, but gradually gradually raised the brand recovery by raising funds from private investors.

Michael Kors plans to sell $48000000 in value at the beginning, and will continue to sell 6 million 300 thousand dollars worth of money.

The company plans to list in the New York stock market as a "KORS" label. At present, the Michael Kors business has already covered 74 countries, including accessories, clothing, shoes and so on.

Sportswear Holding is controlled by Stroll and Chou. They plan to offer us $25 million 900 thousand shares, raise US $49 million 270 thousand, and ultimately account for 35.5% of the company's shares, while Michael Kors plans to sell US $5 million 800 thousand worth of shares, raising 11 million 100 thousand US dollars, accounting for 8.1% of the company's shares.

The listing agreement also stipulates that Michael Kors will always work in the company until there are any external causes such as death and illness.

The minimum wage for Michael Kors is $2 million 500 thousand, while CEO Idol will remain in office until March 31, 2015.

Michael Kors started work at Lothar s at 57 street, then was excavated by Dawn Mello, then launched its own design series and launched its first fashion show in 1984.

In 2003, Stroll and Chou bought the company and helped the company expand.

"We have two main series, Michael Kors and Michael Michael Kors accessories series.

Michael Kors series represents the aesthetic pursuit of the whole brand. In 2004, we saw the strong potential of this series and decided to launch accessories series, mainly pushing shoes, bags and so on.

The net income of Michael Kors increased by 84.7%, and its revenue increased by 58.1% to 803300000 US dollars.

Michael Kors has opened 70 stores in the North American market in the past two years, and currently has 169 stores in the North American market.