Michael Kors Franchise
Michael Kors started designing clothes in his childhood and has since turned the passion into a global fashion empire that contributes to his current estimated net worth of $1 Billion as of 2014. A testament to hard work and dedication. The success of Michael Kors is very inspiring and derserving. Here is how the fashion icon Michael Kors turned a small boutique in his mom’s basement into a $5.78 billion global fashion company. In December 2011, Kors took his company public. It traded under the ticker KORS and was valued at $3.5 billion.
This was the biggest ever public offer in fashion. When fashion consultant, Fern Mallis, asked Kors what he thought about the business milestone, he answered, “Keep your eye on the ball, and you do what you do, and you do it well.”
The success of Michael Kors is through hard work and dedication. In 2018, the public Michael Kors Holdings company — which owned its namesake brand, Michael Kors along with luxury shoe brand Jimmy Choo announced a new acquisition: Versace. With this addition to its portfolio, the company changed its name to Capri Holdings.
While Michael Kors is a clothing brand that has been around since 1981, it’s designer has a story that dates back to 1959. His story starts in Merrick, Long Island, where he was born Karl Anderson Jr.
Michael Kors (born Karl Anderson, Jr.; August 9, 1959) is a New York City-based American sportswear fashion designer. He is the honorary chairman and chief creative officer for his company, Michael Kors Holdings Limited (NYSE: KORS), which sells men’s and women’s and ready-to-wear, accessories, watches, jewelry, footwear and fragrance. Kors was the first women’s ready-to-wear designer for the French house Celine, from 1997 to 2003. With 2016 Revenue of $4.71 Billion.
Michael Kors operates its business through a combination of direct retail, licensing, and franchising. This company has expanded its reach globally by partnering with local businesses to operate stores under the Michael Kors brand. This opportunity is open globally to all countries and prospective applicants looking to take advantage of this current opportuity.
Michael Kors new marketing franchise strategy is with GOALS to remain at the TOP through franchising into underpenetrated and untapped markets. Michael Kors vision is to be in all parts of the world by 2035. In view of this latest development the company is expanding through MK Franchise “MICHAEL KORS FRANCHISE”
Key Into the Global Success of Michael Kors Franchise
Interested applicants from any country in the globe are welcome to apply if you seek to invest in a worldwide business with guaranteed returns in your investment. Here you have it.
If you want to be a part of Michael Kors’ global success and benefit from it, here is your unique opportunity. Michael Kors is now accepting and considering franchise applications from eligible entrepreneurs and business merchants who want to be part of the Michael Kors family.
If you want to own a Michael Kors franchise store or an exclusive Michael Kors franchise in your country, please contact our International Franchise Department using the form below, and we will get back to you with information on how to make your dream business a reality.