Item 2. Properties
Item 2. Properties
The following table sets forth the location, use and size of our significant distribution and corporate facilities as of March 27, 2021, all of which are leased with the exception of our distribution center in the Netherlands, our central warehouse in Italy and luxury shoe factory in Italy, which are owned. The leases expire at various times through Fiscal 2044, subject to renewal options.
Location Use Approximate Square
Footage
Whittier, CA Michael Kors U.S. Distribution Center 1,179,000
Venlo, Netherlands Michael Kors and Jimmy Choo European Distribution Center 1,096,000
New York, NY Michael Kors, Versace and Jimmy Choo U.S. Corporate Offices 284,000
Montreal, Quebec Michael Kors Canadian Corporate Office and Distribution Center 150,000
Novara, Italy Versace European Distribution Center 109,000
Milan, Italy Versace Corporate Offices 90,000
Milan, Italy Versace Showroom 54,000
Novara, Italy Versace Manufacturing and Distribution Center 46,000
East Rutherford, NJ Michael Kors U.S. Corporate Offices 43,000
Pistoia, Italy Capri Luxury Shoe Factory 41,000
Milan, Italy Michael Kors Regional Corporate Office and Showroom 25,000
London, England Jimmy Choo Corporate Offices 24,000
Manno, Switzerland Michael Kors European Corporate Offices 18,000
London, England Capri Corporate Headquarters and Michael Kors Regional Corporate Office 18,000
As of March 27, 2021, we also occupied 1,257 leased retail stores worldwide (including concessions). We consider our properties to be in good condition and believe that our facilities are adequate for our operations and provide sufficient capacity to meet our anticipated requirements.
Other than the land and building for our Michael Kors and Jimmy Choo European distribution center in the Netherlands, our Versace central warehouse in Italy and our Capri luxury shoe factory in Italy, property and equipment related to our stores (e.g. leasehold improvements, fixtures, etc.) and computer equipment, we did not own any material property as of March 27, 2021.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.