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Michael Kors - Statistics & Facts

Headquartered in New York City, Michael Kors is an American luxury fashion brand and one of the leading luxury companies worldwide. Established in 1981 by American sportswear fashion designer Michael Kors, the company opened its first retail stores in 2006. With an annual revenue of 3.52 billion U.S. dollars registered in 2024, the company currently has over 1,200 stores and approximately 15,100 thousand employees worldwide.

Favorite products and online brand popularity

The accessories segment is Michael Kors' highest revenue generator, accounting for half of total net sales in 2024. Michael Kors branded handbags are among the most popular among U.S. teenagers. Similarly, among French consumers Michael Kors has a high standing, with over 800,000 users owning a Michael Kors handbag. Michael Kors has also become well-known for its jewelry, fragrances and footwear.



Acquisitions and Capri Holdings Limited

The luxury and fashion industry is known for high profile merger and acquisition activities. Many luxury companies are well-positioned to acquire smaller brands, and big luxury groups often merge with the sector's other high value names. In 2017, Michael Kors bought Jimmy Choo, and in 2019, an even a bigger deal came through: the acquisition of the Italian fashion house Versace. Shortly after, Michael Kors Limited changed its name and the three brands now operate under Capri Holdings Limited, with Michael Kors driving the largest share of revenues for the group. Most recently, Michael Kors has been involved in talks of a potential acquisition by one of its main competitors Tapestry, which owns the brands Kate Spade and Coach. Although the news of a deal between the two companies have been circulating for a while, the merger has been blocked by the U.S. Federal Trade Commission on anti-competition grounds. The authorities brought forward the claim that the merger would reduce competition, leading to increased prices for consumers and negatively impacting workers' wages.
This text provides general information. ÌÇÐÄÆƽâ°æ assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 17, 2025

Key insights

  • Value of the personal luxury goods market worldwide
  • 363bn EUR
  • Capri Holdings revenue attributed to Michael Kors
  • 68%
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Current statistics on this topic

Luxury Goods

Global revenue of Michael Kors from 2012-2026

Fashion & Accessories

Net sales of Capri Holdings worldwide in 2024, by segment

Fashion & Accessories

Number of stores of Capri Holdings from 2012-2026

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Market overview

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Financial performance

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Key figures of Michael Kors

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Competitors

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Competitors

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