Michael Kors 2015

April 18, 2017

As a girl who has recently come to terms with the fact that my hips just won’t fit into the super-skinny jeans marketed to my age group, I enjoyed reading Lizzie Widdicombe’s piece (“The Plus Side,” September 22nd). It is worth pointing out something that may prove to be crucial in fully understanding the relationship between 0-to-12-size clothing and plus-size: a size 8 today means something quite different from what it did in 1985. As the article states, the average dress size has gone from an 8 to a 14 over the past thirty years. We are calling more people plus-size these days, and I am beginning to wonder if this isn’t creating a sharper dichotomy in the fashion world. In American culture, at the peak of fatphobia, it seems only natural that legions of women would channel their discontent into the body-positive movement, creating such events as Full Figured Fashion Week. As Widdicombe writes, people now feel that they have to fit their clothes and not the other way around. But I think there is more to it than that. As more people continue to struggle to become “normal-sized,” concern about sizing is getting the attention and discussion it deserves.

You are cordially invited to attend the 2016 Annual Meeting of Shareholders (the “Annual Meeting”) of Michael Kors Holdings Limited, to be held at 1:00 p.m., local time, on August 4, 2016 at Baker & McKenzie LLP, 100 New Bridge Street, London, 6JA EC4V. Information concerning the matters to be considered and voted upon at the Annual Meeting is set out in the attached Notice of 2016 Annual Meeting of Shareholders and Proxy Statement.In fiscal year 2016, we delivered strong financial results, growing total revenue 8% to $4.7 billion and increasing earnings per share by 4% to $4.44.  We continued to see growth across regions, with performance led by strength in accessories, footwear and menswear, as well as in our digital flagship business.  Importantly, our growth came despite the challenging retail environment, pressured by weak mall traffic and tourism trends, in addition to the foreign currency impact of the strengthening U.S. dollar.

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