LONDON--(BUSINESS WIRE)--Michael Kors Holdings Limited (NYSE:KORS), a global fashion luxury group, is pleased to announce that the Michael Kors brand will be entering into the world of golf through a sponsorship of South African professional golfer and Masters champion Charl Schwartzel. The partnership will feature Schwartzel as the brand’s first golf ambassador wearing Michael Kors Mens apparel throughout his worldwide tour appearances, which include PGA, European and Sunshine tour events.
“Charl has reached the pinnacle of achievement in the game of golf and his exceptional career is the reason why he is the perfect ambassador for Michael Kors,” said John D. Idol, Chairman and Chief Executive Officer of Michael Kors Holdings Limited. “Not only is Charl one of the most accomplished players on the tour but he represents the timeless values as well as the traditions of the sport. We are proud that he will represent us both on and off the course.”
“I am honored to be working with Michael Kors and representing one of the world’s leading luxury brands,” said Schwartzel. “Michael Kors Mens sportswear provides the perfect combination of fit, form and function while I’m competing. I’m also excited to collaborate with the company on the development of their sportswear, providing input on performance features to be incorporated into the line.”
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 under Michael Kors Collection, MICHAEL
Michael Kors and Michael Kors Mens, including accessories,
ready-to-wear, footwear, wearable technology, watches, and a full line
of fragrance products. Michael Kors stores are operated in the most
prestigious cities in the world. In addition, Michael Kors operates
digital flagships across North America, Europe and Asia, offering
customers a seamless omni-channel experience. Michael Kors Holdings
Limited is publicly listed on the New York Stock Exchange with the
ticker KORS.
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 Company’s operations and
business environment, 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,” “seek,” “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. These
factors are more fully discussed in the “Risk Factors” section and
elsewhere in the Company’s Annual Report on Form 10-K for the fiscal
year ended April 1, 2017 and Quarterly Report on Form 10-K for the
quarter ended July 1, 2017 (File No. 001-35368) filed with the U.S.
Securities and Exchange Commission.