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Capri Holdings
Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands, with executive offices in London and operational offices in New York. It was founded in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1500 in-store boutiques in various countries. Background Founder Michael Kors enrolled at the Fashion Institute of Technology in New York City in 1977, but dropped out after nine months. Taking a job as a sales person at a boutique called Lothar's across from Bergdorf Goodman on 57th Street in Midtown Manhattan, he later became both the designer and visual display head for the store. History Noticing the displays and garments, Bergdorf's fashion director Dawn Mello asked if he would show his collection to Bergdorf Goodman's buyers. In 1981, Kors launched his Michael K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
57th Street (Manhattan)
57th Street is a broad thoroughfare in the New York City borough of Manhattan, one of the major two-way, east-west streets in the borough's grid. As with Manhattan's other "crosstown" streets, it is divided into its east and west sections at Fifth Avenue. The street runs from a small park overlooking the East River in the east to the West Side Highway along the Hudson River in the west. 57th Street runs through the neighborhoods of Sutton Place, Midtown Manhattan, and Hell's Kitchen from east to west. 57th Street was created under the Commissioners' Plan of 1811. It was developed as a mainly residential street in the mid-19th century. The central portion of 57th Street was developed as an artistic hub starting in the 1890s, with the development of Carnegie Hall. The section between Fifth and Eighth Avenues is two blocks south of Central Park. Since the early 21st century, the portion of the street south of Central Park has formed part of Billionaires' Row, which contains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waterloo, New York
Waterloo is a town in Seneca County, New York, United States. The population was 7,338 at the 2020 census. The town and its major community are named after Waterloo, Belgium, where Napoleon was defeated. There is also a village called Waterloo, the primary county seat of Seneca County. The Town of Waterloo is situated on the western border of the county, east of Geneva. History The area was the domain of the Seneca tribe and Cayuga tribe, who were visited in the 17th Century by Jesuit missionaries. The Sullivan Expedition passed through the area in 1779 to destroy the natives and their villages. After the war, the area was in the Central New York Military Tract, reserved for veterans. The region was first settled ''circa'' 1800. The town was formed from the Town of Junius in 1829. Geography According to the United States Census Bureau, the town has a total area of 21.8 square miles (56.5 km2), of which 21.7 square miles (56.2 km2) is land and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Income
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Stickney, et al. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in shareholders' equity that results from a company's operations.Needles, et al. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension contributions). Definition Net income can be distributed among holders of common stock as a dividend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tommy Hilfiger (company)
Tommy Hilfiger B.V. (), formerly known as Tommy Hilfiger Corporation and Tommy Hilfiger Inc., is an American clothing brand, manufacturing apparel, footwear, accessories, fragrances and home furnishings. The company was founded in 1985, and the brand's merchandise is sold in department stores and over 2000 free-standing retail stores in 100 countries. In 2006, private equity firm Apax Partners acquired the company for approximately $1.6 billion. In March 2010, PVH Corp. (then known as Phillips-Van Heusen) bought the company. Daniel Grieder was appointed CEO in July 2014, while founder Tommy Hilfiger remains the company’s principal designer, leading the design teams and overseeing the entire creative process. Global sales in retail through the brand were US $6.4 billion in 2013, and $6.7 billion in 2014. History Background and founding (1960s–1990s) Tommy Hilfiger’s career in fashion began in 1968, when he co-founded a clothing and record store named People’s Place in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silas Chou
Silas K. F. Chou (; born 1946) is a Hong Kong billionaire, active in the fashion sector. Early life Chou's father was Chao Kuang-piu. His father founded South Ocean Knitters, one of the Hong Kong's "largest knitwear manufacturers and exporters", in which he still owns a stake. His sister, Susana Chou, was the President of the Legislative Assembly of Macau from 1999 to 2009. Career In 1978, Chou and his father, founded Xiang Zhou Woollen Mills in the Zhuhai Special Economy District. In 1989, Chou and Lawrence Stroll founded Sportswear Holdings to acquire Tommy Hilfiger. Chou was the largest shareholder and became chairman of the company. In 2006, he sold his shareholding to Apax, a UK private equity firm for US$1.6 billion. In 2003, Chou and Stroll bought a majority share in Michael Kors for US$100 million. In June 2018, Chou sold the last of his investment in Kors. In 2018, a consortium led by Stroll, which included Chou brought Force India out of administration and formed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawrence Stroll
Lawrence Sheldon Strulović (name later anglicized to Strulovitch) (born 11 July 1959), best known as Lawrence Stroll, is a Canadian billionaire businessman, part-owner and executive chairman of Aston Martin, and the owner of the Aston Martin F1 Team. According to ''Forbes'', he has a net worth of US$2.9 billion, . Early life He was born to a Jewish family in Montreal, Quebec, the son of fashion importer Leo Strulovitch. Career Stroll's father brought Pierre Cardin fashionwear and Ralph Lauren clothing to Canada. Stroll took the Ralph Lauren brand to Europe. Along with Hong Kong investor Silas Chou, Stroll invested in clothing designers Tommy Hilfiger and Michael Kors, and the pair largely contributed to the brands' growth to global prevalence. Stroll's company, Sportswear Holdings, sold the last of its stake in these businesses in 2014. During the 2000s, Chou and Stroll also invested in Asprey & Garrard. From 2000 until August 2022, Stroll owned a Canadian race car circ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Celine (brand)
Celine (formerly spelled Céline, and stylized in all caps) is a French luxury ready-to-wear and leather goods brand owned by the LVMH group since 1996. It was founded in 1945 by Céline Vipiana. Since November 2015, the headquarters are located at 16 rue Vivienne in the 2nd arrondissement of Paris at the Hôtel Colbert de Torcy, which has French Historic Monument classification.Robert MurphyThe House That Céline BuiltMarch 25, 2015 Séverine Merle has been the Chief Executive Officer since April 2017. On January 21, 2018, LVMH announced that Hedi Slimane would take over at Celine as its artistic, creative and image director. Creation of the brand In 1945, Céline Vipiana (1915–1997) and her husband, Richard, created one of the first luxury brands in the industry, Céline, a made-to-measure children's shoe business, and opened a first boutique at 52 rue Malte in Paris. The brand was recognised by its logo, the red elephant created by Raymont Peynet. A new positioning In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ready-to-wear
Ready-to-wear (or ''prêt-à-porter''; abbreviated RTW; "off-the-rack" or "off-the-peg" in casual use) is the term for ready-made garments, sold in finished condition in standardized sizes, as distinct from made-to-measure or bespoke clothing tailored to a particular person's frame. In other words, It is a piece of clothing that was mass produced in different sizes and sold that way instead of it being designed and sewn for one person. The term ''off-the-peg'' is sometimes used for items other than clothing, such as handbags. Ready-to-wear has a rather different place in the spheres of fashion and classic clothing. In the fashion industry, designers produce ready-to-wear clothing, intended to be worn without significant alteration because clothing made to standard sizes fits most people. They use standard patterns, factory equipment, and faster construction techniques to keep costs low, compared to a custom-sewn version of the same item. Some fashion houses and fashion designe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
