28% growth for Michael Kors

05/02/2014
High-end footwear brand Michael Kors has reported sales growth of 28% for the third quarter of its current financial year, the three months to December 28, 2013.

Chief executive, John Idol, said the company had enjoyed “an outstanding holiday season” and that the sales increase had exceeded expectations. He said this was the company’s thirty-first consecutive quarter of growth.

Michael Kors currently operates 395 retail stores around the world, with a further 138 run by licensed partners.