Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands,[4] with executive offices in London[4] and operational offices in New York. It was founded in 1981 by American designer Michael Kors.[5] The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1500 in-store boutiques in various countries.[6][7]
Background[edit]
Founder Michael Kors enrolled at the Fashion Institute of Technology in New York City in 1977, but dropped out after nine months.[8] Taking a job as a sales person at a boutique called Lothar's across from Bergdorf Goodman on 57th Street in Midtown Manhattan, he later became both the designer and visual display head for the store.
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