Michael Kors acquire Michael Kors HK Limited

Endaba Group

Michael Kors has invested $500m in the acquisition of Michael Kors (HK) Limited, the exclusive licensee of Michael Kors in China and other Asian regions. The American light luxury brand currently cover 91 stores and 6 tourism retail stores in mainland China, HK, Macau and Taiwan. The company has been working with their Greater China licensee to establish the brand and build their awareness in China over the past few years. They now want to integrate this regional business and explore the huge growth potential of the market, particularly with the strengthening affordable luxury market in China!