Menu IR Search

Michael Kors Debuts New Store Façade Concept in Shanghai Flagship at Jing’an Kerry Centre

January 26, 2014

NEW YORK January 26, 2014 – Michael Kors is pleased to announce the opening of its first flagship store in China, at Jing’An Kerry Centre in Shanghai. The flagship is the largest of the brand’s stores in China and features a completely new store facade design concept.

“I’m thrilled to be opening a flagship in Shanghai,” says Michael Kors. “It’s an incredible store for an incredible city. We wanted to design something that is sophisticated, glamorous, and modern—a fabulous shopping environment for the stylish, fashion-forward Chinese customer. I can’t wait to welcome our customers—new and devoted—to this incredible space in a city that has long defined cosmopolitan chic.”

The shop, which measures nearly 6,000 square feet, showcases numerous new design elements, starting with a shimmering, two-story exterior facade that was inspired by Michael Kors’ signature use of metallics and texture. The facade, designed by Michael Kors’s in-house design team in collaboration with renowned NY-based architectural firm KPF, consists of luminous screens made of unique, light-reflective facets set within a grid of internally lit recesses. An inventive mathematical system of variable parts was devised so that the 45 unique panels could be assembled on site. The effect is elegant and kinetic, evoking the light-catching allure of a sequined gown. The store’s main entrances, on two levels within the Jing’An Kerry Centre mall, are equally compelling, with an enormous video screen featuring fashion presentations and events, including live feeds.

The interior of the store was conceived and appointed to reflect the signature jet set glamour of the Michael Kors brand. A 30-foot-high mirrored wall, etched with the MK jacquard pattern, frames a giant video screen. Polished stainless steel fixtures, white marble flooring, Macassar wood and zebra-skin accents create a luxurious and inviting atmosphere.

The ground floor features an exciting first for the brand: a sleek women’s shoe salon carrying both Michael Kors Collection and MICHAEL Michael Kors shoes. Handbags from both labels are showcased in a variety of dramatic display modes throughout the store, while dynamically curated displays of accessories, watches, jewelry and eyewear engage the shopper and underline the brand’s jet set lifestyle philosophy. Upstairs, a more luxurious and private experience unfolds in two side-by-side women’s ready-to-wear shops, one for Michael Kors Collection and the other for MICHAEL Michael Kors. Here shoppers can browse, try on clothes and consult with the store’s personal stylists in an atmosphere of calm and complete indulgence.

“Our new flagship at Jing’An Kerry Centre is not only the largest Michael Kors store in China but it also features an innovative, dynamic façade design that highlights the significance of this store,” says John Idol, CEO of Michael Kors. “The cutting edge nature of Shanghai retail and architecture, as well as the importance of China to our overall growth strategy, made the Jing’An Kerry Centre an ideal location to expand upon our signature approach to the shopping experience, which we consider crucial to the brand’s identity. I’m looking forward to welcoming our customers to this extraordinary new store.”

ABOUT MICHAEL KORS

Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to- wear. His namesake company, established in 1981, currently produces a range of products through his Michael Kors and MICHAEL Michael Kors labels, including accessories, footwear, watches, jewelry, men’s and women’s ready-to-wear, and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. You should not place undue reliance on such statements because they are subject to numerous uncertainties and factors relating to the operations and business environment of the Company, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements include information concerning the Company’s possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. The forward-looking statements contained in this press release are based on assumptions that the Company has made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although the Company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking statements.

FOR MORE INFORMATION

Angie Ray Associate Manager – Greater China Michael Kors T: +86.21.6032.7500 E: Angie.Ray@michaelkors.cn

Sign Up for Investor Emails

Email Address *
Mailing Lists *

 
Enter the code shown above.

Investor Relations Contact

Jennifer Davis, VP of Investor Relations

Mairead O’Brien, Senior Investor Relations Associate

Email

 

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Neither Capri Holdings Limited nor its affiliates, subsidiaries, officers, directors or agents (collectively, "Capri" or the "Company") have any control over (a) the External Site or any linked websites accessible through any External Site, or (b) any data or other content contained, or accessible, therein or in or through any such linked websites. The link to the External Site is provided for convenience purposes only. The information and other content on the External Site is not meant to modify, qualify, supplement or amend information disclosed by or on behalf of the Company under corporate, securities or other legislation in any jurisdiction, and should not be used to make investment decisions involving the Company's securities.

By clicking "Accept" below you acknowledge and agree that neither Capri nor the third party provider of the External Site, Virtua Research, Inc. ("Virtua"), is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data contained in or accessible on or through, or the technical operation of the External Site. Capri and Virtua are not liable to you for, and take no responsibility for, third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably forever waive, and release Capri from, any and all rights and claims against Capri and Virtua and further acknowledge and agree that in no event shall Capri or Virtua, its officers, employees, directors and agents be liable for any (i) direct or indirect, consequential, incidental, special, compensatory, punitive or other damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site or any linked websites.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Capri and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is determined to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent necessary to comply with such determination and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is given as at the date and the time of its original release. Changes in such historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides non-GAAP financial measures. These amounts are not in accordance with, or an alternative to, GAAP. The Company uses non-GAAP financial measures to, among other things, evaluate its operating performance and in order to represent the manner in which the Company conducts and views its business. Please see the Company’s SEC filings for more information concerning the Company’s use of non-GAAP financial measures. 

script