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 29, 2025, all of which are leased with the exception of our distribution center in the Netherlands, our central warehouse in Italy and luxury footwear factories 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 United States Distribution Center 1,179,000
Venlo, Netherlands Michael Kors and Jimmy Choo European Distribution Center 1,067,000
New York, NY Michael Kors, Versace and Jimmy Choo United States Corporate Offices 194,000
Montreal, Quebec Michael Kors and Jimmy Choo Canada Corporate Offices and Distribution Center 150,000
Novara, Italy Versace European Distribution Center 109,000
Milan, Italy Versace Corporate Offices 104,000
Arezzo, Italy Sicla Luxury Shoe Factory 95,000
Milan, Italy Versace Showroom 54,000
Novara, Italy Versace Manufacturing and Distribution Center 46,000
Pistoia, Italy Capri Luxury Shoe Factory 41,000
East Rutherford, NJ Michael Kors United States Corporate Offices 31,000
Milan, Italy Michael Kors Regional Corporate Office and Showroom 25,000
Shanghai, China Michael Kors, Versace and Jimmy Choo Regional Corporate Offices 25,000
London, England Jimmy Choo Corporate Offices 24,000
London, England Capri Corporate Headquarters and Michael Kors Regional Corporate Office 19,000
Manno, Switzerland Michael Kors European Corporate Offices 18,000
As of March 29, 2025, we also occupied 1,158 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.
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Table of Contents
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 two luxury footwear factories 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 29, 2025.
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.