Kors company. There isn’t an exact number of employees working at this company for 2013 but for 2012 there was 418,000. The Michael Kors company was founded in 1981. The company’s mission statement is to
“bring our vision of a jet set luxury lifestyle to women and men around the globe”. Michael Kors sells primarily handbags, but also jewellery, clothing and swimwear. It is a luxury business in the fashion industry. Michael
Kors has lots of competition, since there are many stores that sell similar products, a couple of these companies are coach, Prada, Gucci, Guess,
Marc Jacobs and Louis button. They are competitors because of how similar the merchandise is and how they are all in the fashion luxury sector.
Michael Kors has an excellent CSR, they give back in many ways, such as donating too many charities and special causes. Michael Kors has recently donated 5 million dollars to a non-profit “god’s love we deliver” the New York based charity organization that provides meals to people living with mental illness. They have also donated 1 million dollar to the hurricane sandy relief fund. Michael kors also has a campaign called “destination Kors “which he donates 25$ from every purchase of one of his watches to the national world food program. Some of the charities he is involved in and has worked with are, Aids & HIV, children, conservation, environment, health, hunger, mental challenges and lastly poverty. Michael kors feels very strongly about giving back to his community and helping out the less fortunate, that is a huge aspect in his life, and explains why he is involved with many non-profit