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November 2013

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DISCLAIMER

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Certain information contained in this presentation, particularly information regarding future economic performance, finances, andexpectations and objectives of management, constitutes forward-looking statements. Forward-looking statements can be identifiedby the fact that they do not relate strictly to historical or current facts and generally contain words such as “believes,” “expects,”“may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates” or “anticipates” or similar expressions. Our forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from those projected orimplied by the forward-looking statement. For discussion of some of the important factors that could cause these variations, pleaseread the "Risk Factors" section and elsewhere in the Company’s Annual Report on Form 10-K (File No. 001-35308), filed on May 29,2013 with the U.S. Securities and Exchange Commission.

Forward-looking statements contained in this presentation are based on assumptions that we have made in light of ourmanagement’s experience in the industry as well as our perceptions of historical trends, current conditions, expected future

developments and other factors that we believe are appropriate under the circumstances. You should not place undue reliance onforward-looking statements, which speak only as of the date hereof. We do not undertake to update or revise any forward-lookingstatements after they are made, whether as a result of new information, future events, or otherwise, except as required by applicablelaw.

This presentation includes certain measures presented on a basis other than in accordance with generally accepted accountingprinciples (GAAP), including Income from Operations, as adjusted and Net Income, as adjusted. These amounts are not analternative to GAAP. Management believes that these measures provide investors with transparency by helping to illustrate theunderlying financial and business trends relating to the Company's results of operations and financial condition and comparabilitybetween current and prior periods. Investors are encouraged to review the reconciliation of such measures to the most directly

comparable GAAP term, included as an Appendix to this presentation.

FORWARD LOOKING STATEMENTS

USE OF NON-GAAP FINANCIAL MEASURES

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JET SET LUXURY

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Global luxury lifestyle brand with compelling growth metrics

Design vision led by world-renowned, award-winning designer

Poised to take share in growing global accessories product category

Proven retail format offers jet-set in-store experience

Strong relationships with premier wholesale customers

Growing licensing business

Experienced management team

INVESTMENT HIGHLIGHTS

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GROWING GLOBAL LUXURY MARKET

The global luxury goods market is estimatedto grow from $283 billion in 2012 tobetween $320 billion and $333 billion in2015E (1)

― Growth fueled by emerging markets andaccessories

Accessories were 27% of total sector sales in

2012― Grew by 14% in 2012

Worldwide Luxury Goods Market (1)

($ Billions)

Source: Bain & Company Luxury Goods Worldwide Market Study, 11th Edition, October 2012

Asia Pacific

(Excl. Japan)

2012 Revenue Spli t by Geography

35%

31%

20%

9%

5%

Europe

Americas

Japan

Rest of World

2012 Revenue Split by Category

Perfume

and Cosmetics

Apparel

Accessories

Hard Luxury

Other Art

27%

26%

27%20%

22%

3%2%

0

100

200

300

1995 2000 2005 2010 2012 2015E

102

170196

230

320 - 333

(1) All figures derived from the Luxury Goods Worldwide Market Study are based on an exchange rate of $1.33 to €1.00

283

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REVENUE BY PRODUCT

Accessories and related merchandise accounted for 83% of total net sales during the second

quarter of FY 2014, compared to 79% during the same period last year

We expect these products to continue to grow and become an increasingly important driver ofglobal comparable store sales growth

6

Product Mix

FY 2014 Q2

83%

17%

Women’s Apparel,Men’s Apparel

Accessories andRelated Merchandise (1)

(1) Includes handbags, small leather goods, footwear, watches, jewelry, eyewear and fragrances

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MICHAEL KORS COLLECTIONS

Introduced in 1981

Reflects the pinnacle of luxury in

accessories, womenswear andmenswear

Cornerstone of Michael Kors semi-annual runway shows

Establishes the aesthetic authority of theentire brand

Introduced in 2004

Positioned to address a younger

demographic in the accessible luxurysegment

Focuses on the accessories market

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DESIGN PROCESS

Michael Kors leads the overall designdirection of the Company

He is actively involved in the design

process and personally reviews the

majority of the Company’s designs

A team of 60 designers supportsMichael Kors

The Company’s global reputation

enables it to attract and retain top

design talent

Product is designed to support retailmerchandising

Four collections are produced annually

Collections are delivered 12 times per

year

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GROWTH STRATEGIES

Expand North American retail presence

Increase global comparable store sales

Continue conversion of department store doors into branded shop-in-shops

globally

Develop European retail and wholesale businesses

Build out Japanese business

Grow other regions in the Far East through regional licenses

Establish global ecommerce business to provide true omni channel customerexperience

Key Initiatives Underway

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RETAIL STORE GROWTH

Michael Kors Retail Store Count (1) by Region

FYE March

North America Europe Japan

New store growth strategy:

– Open new stores predominantly in high-traffic areas and mall locations in high-incomedemographic areas

– Adhere to already successful retail store format, which reinforces brand image and generatesstrong sales per square foot

10(1) Includes concessions

2009A 2010A 2011A 2012A 2013A 2Q14A Long-Term Goal

74 104144

191 231264

400

2 17

2944

57

200

5

1729

31

100

74106

166237

304352

700

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SELECT RETAIL LOCATIONS

MADISON AVENUE, NEW YORK REGENT STREET, LONDON

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Small leather goods should

continue to represent ~15% of

retail store sales over the long-

term

Small Leather Goods

Logo handbags, small leather

goods and active footwear

should continue to represent

~30% of retail sales

Logo Products

Launched in retail stores in Fall

2011, this new product

category is expected to

represent ~5% of retail sales in

the long-term

Fashion Jewelry

COMPARABLE STORE GROWTH DRIVERS

12

FY07 FY08 FY09 FY10 FY11 FY12 FY13

16 18

6

19

48

39 40

FYE March

Positive Comparable Store Sales Growth for 30 Consecutive Quarters

4639 38 36 37

4541

37

2723

(%) (%)

Annual Comparable Store Sales Growth Quarter ly Comparable Store Sales Growth

FYE March

Comparable store sales growth driven by increased traffic as brand awareness continues to grow and our

expanded product of fering attracts a broader customer base.

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E-COMMERCE

Communicate brand image via full product assortment displayed on website

– Reinforce the luxury image of Michael Kors

– Communicate directly with customers and drive store traffic

Transition of e-commerce in-house underway

– Current website operated in partnership with Neiman Marcus (launched in 2007)

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WHOLESALE GROWTH INITIATIVES

Continue to transform North American department store locations into branded shop-

in-shops with custom fixtures

Expand size of existing department store shop-in-shops

Grow wholesale distribution in Europe to 2,000 specialty shop and department store

doors in the long term

Expand shop-in-shop footprint at select department stores throughout Europe

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GLOBAL WHOLESALE CUSTOMERS

North America Europe Asia

International Wholesale Doors: 1,197 (1)Total N.A. Doors: 2,294 (1)

(1) Represents full-price department stores and specialty retailers as of September 28, 201315

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Opportunity to grow through a select number of licensees who produce brand-enhancing productsacross categories that require specialized expertise

F r a g r a n c e s

Estee Lauder has been the exclusive women’s and men’s fragrance licensee since May 2003

Launched new Michael Kors Fragrance and Beauty Collection in August 2013

Price points range from $20 to $115

E y e w e a r Marchon has been the exclusive eyewear licensee since January 2004

Focus on logo / status eyewear


Fossil has been the exclusive watch licensee since April 2004

Watches are “must-have" status item among young fashion consumers

Brand loyalty among younger customers creates opportunity to leverage success across otherdemographics


W a t c h e s

J e w e l r y

Fossil has been the exclusive fashion jewelry licensee since December 2010

Jewelry line consists of bracelets, necklaces, rings and earrings that complement watch andaccessory lines


LICENSING PARTNERS

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Seasoned management team in the luxury and branded lifestyle sectors with an

average of over 25 years experience in the retail industry

MANAGEMENT

Name Title Years in Indust ry Years at MK

Michael Kors Honorary Chairman, Chief Creative Officer &Director

34 32

John Idol Chairman, Chief Executive Officer & Director 31 10

Joe Parsons Executive Vice President, Chief Financial Officer,Chief Operating Officer & Treasurer

24 9

Anna Bakst Group President – Accessories & Footwear 23 9

Jaryn Bloom Group President – Retail 27 8

Gia Castrogiovanni Group President – Women’s Better & Collection 27 9

Debra Margles President – Canada 28 8

Toshi Tashiro President – Japan 42 3

Cedric Wilmotte President – EMEA 15 5

Jill Fishman SVP – Global Licensing 19 8

Lee Sporn SVP – Business Affairs, General Counsel &Secretary

24 9

Britton Russell SVP – Global Operations 25 1

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FINANCIAL OVERVIEW

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FY 2010 FY 2011 FY 2012 FY 2013 1H FY13 1H FY14

56137

272

630

270

419

HISTORICAL FINANCIAL SUMMARY

19

28.920.917.011.1Margin (%) 28.5 30.3

FYE March

Adjusted Income from Operations (1)

($ Millions)

FY 2010 FY 2011 FY 2012 FY 2013 1H FY13 1H FY14

3973

163

398

166

271

18.212.59.07.7Margin (%) 17.6 19.6

FYE March

Adjusted Net Income (1)

($ Millions)

FY 2010 FY 2011 FY 2012 FY 2013 1H FY13 1H FY14

508

803

1,3022,182

948

1,381

FYE March

Total Revenue

($ Millions)

FY 2010 FY 2011 FY 2012 FY 2013 1H FY13 1H FY14

267

446

7531,307

567

847

59.957.855.552.5Margin (%) 59.8 61.3

FYE March

Gross Profit

($ Millions)

(1) For Fiscal 2012, amounts are adjusted for certain one-time charges. Please refer to Appendix fornon-GAAP reconciliation.

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0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

FY10 FY11 FY12 FY13 1H FY13 1H FY14

297414

610

1,032

453642

187

344

627

1,063

457

681

25

46

65

87

37

57

508

803

1,302

2,182

948

1,381

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

FY10 FY11 FY12 FY13 1H FY13 1H FY14

497

764

1,183

1,939

849

1,17011

39

109

221

90

196

1

10

22

9

16

508

803

1,302

2,182

948

1,381

REVENUE BY SEGMENT AND REGION

By Segment

Wholesale Retail Licensing North America Europe Japan and Other Regions

(1) Total revenue as recognized based on country of origin

($ Millions)

FYE March

20

By Region (1)

($ Millions)

FYE March

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STRONG FISCAL 2Q 2014 PERFORMANCE

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2Q 2014 vs. 2Q 2013 Summary Financials Highlights

($ Millions, except per share data)

Three Months Ended

September 28,

2013

September 29,

2012

%Growth/

Margin Exp (bps)

Total Revenue 740 533 39%

Gross Profit 450 316 42%

Gross Margin 61% 59% +150 bps

Income fromOperations 221 158 40%

% Margin 30% 30% +30 bps

Net Income 146 98 49%

% Margin 20% 18% +200 bps

Net Income Per

Ordinary Share:Diluted $0.71 $0.49 45%

Retail

– Global comparable store sales growth of 23% drivenby continued strength of accessories line

– Opened 24 stores globally during the quarter

– Ending store count of 352

Wholesale

– Net sales growth of 30%

– Continued strong sell-through

– Continued conversion of wholesale departmentstore doors into shop-in-shops, resulting inincreased sales volume per door

Licensing

– Revenue growth of 65% driven by continuedstrength in the company’s luxury watches

Gross Margins expanded 150 bps largely due to morefavorable product and geographic mix

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STRONG FINANCIAL POSITION

Net cash position and strong liquidity

New store growth funded from cash flow from operations

Capital expenditures to support long-term growth, store openings, shop-in-

shops, warehouse, corporate and information systems

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Global luxury lifestyle brand with compelling growth metrics

Design vision led by world-renowned, award-winning designer

Poised to take share in growing global accessories product category

Proven retail format

Strong relationships with premier wholesale customers

Growing licensing business

Experienced management team

INVESTMENT HIGHLIGHTS

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APPENDIX

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NON-GAAP RECONCILIATION FOR FISCAL 2012

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Reconciliation of income from operations, as reported, to income from operations, as adjusted

($ Thousands)

March 30, March 31,

2013 2012

Income from operations, as reported 630,014$ 247,682$

Add back adjustments for one time charges:

Stock option expense - 10,600

IPO fees - 3,170

Employee share option redemption - private placeme - 10,690

Income from operations, as adjusted 630,014$ 272,142$

Fiscal Year Ended

Use of Non-GAAP Financial Measures

In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides non-GAAP operating results that exclude

certain charges or credits such as transaction expenses related to the Company's IPO, Stock option expense and other offering fees. These amounts are not in accordance with, or

an alternative to, GAAP. The Company's management believes that these measures provide investors with transparency by helping illustrate the underlying financial and business

trends relating to the Company's results of operations and financial condition and comparability between current and prior periods. Management uses the measures to establish and

monitor budgets and operational goals and to evaluate the performance of the Company.

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NON-GAAP RECONCILIATION FOR FISCAL 2012

26

Reconciliation of net income, as reported, to net income, as adjusted

Use of Non-GAAP Financial Measures

In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides non-GAAP operating results that exclude

certain charges or credits such as transaction expenses related to the Company's IPO, Stock option expense and other offering fees. These amounts are not in accordance with, or

an alternative to, GAAP. The Company's management believes that these measures provide investors with transparency by helping illustrate the underlying financial and business

trends relating to the Company's results of operations and financial condition and comparability between current and prior periods. Management uses the measures to establish and

monitor budgets and operational goals and to evaluate the performance of the Company.

($ Thousands)

March 30, March 31,

2013 2012

Net income, as reported 397,602$ 147,364$

Add back adjustments for one time charges:Stock option expense - 10,600

IPO fees - 3,170

Employee share option redemption - private placeme - 10,690

Less tax benefit on above - (8,686)

Net income, as adjusted 397,602$ 163,138$

Weighted average ordinary shares outstanding:

Diluted 201,540,144 189,299,197

Fiscal Year Ended

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2013.11.19 ms conference v2

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