Michael Kors Holdings Limited announced that Ann McLaughlin Korologos and Jean Tomlin have been appointed to the company's board of directors effective March 18, 2013. The appointment of Ms. Korologos and Ms. Tomlin brings the company's board membership to nine. Ann McLaughlin Korologos is a former U.S. Secretary of Labor with extensive experience in the areas of international markets, marketing, regulatory and government affairs, policy making and corporate governance. She is Chairman Emeritus of The Aspen Institute and previously served as the Chairman of the Board of Trustees of the RAND Corporation from April 2004 to April 2009. Ms. Korologos currently serves as a director of AMR Corporation, Kellogg Company, Host Hotels & Resorts Inc., Harman International Industries Inc. and Vulcan Materials Company. Jean Tomlin has over 35 years experience in human resources, employee relations, training and development. Since 2006, Ms. Tomlin has served as Director, Human Resources of the London Organising Committee of the Olympic and Paralympic Games. Previously, she was the Director, Human Resources of Marks & Spencer plc.

Michael Kors is planning to sell major chunk of his stake in Michael Kors Holdings Limited at the time when Michael Kors Holdings's shares are at an all-time high.

Michael Kors Holdings Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, total revenue of $636,778,000 against $353,988,000 a year ago. Income from operations was $204,839,000 against $64,587,000 a year ago. Income before provision for income taxes was $203,041,000 against $66,326,000 a year ago. Net income available for ordinary shareholders was $130,028,000 against $31,999,000 a year ago. Diluted net income per ordinary share was $0.64 against $0.20 a year ago. Total Income from Operations, as adjusted was $204,839,000 against $85,657,000 a year ago. For the nine months, the company reported total revenue of $1,517,378,000 against $874,195,000 a year ago. Income from operations was $474,710,000 against $168,841,000 a year ago. Income before provision for income taxes was $472,572,000 against $171,649,000 a year ago. Net income available for ordinary shareholders was $296,501,000 against $82,525,000 a year ago. Diluted net income per ordinary share was $1.48 against $0.56 a year ago. Total Income from Operations, as adjusted was $474,710,000 against $195,301,000 a year ago.