Michael Kors (KORS) Sees IPO Price of $17-$19

In a Form F-1 with the SEC Friday, Michael Kors Holdings Limited (NYSE: KORS) announced it plans to offer 41.7 million ordinary shares at a price ranging from $17 to $19.

The stock will list on the NYSE under the symbol "KORS."

Morgan Stanley, JP Morgan, Goldman Sachs, Baird, Jefferies, Nomura and Piper Jaffray are underwriting the offering.

Michael Kors is a global luxury lifestyle brand led by a world-class management team and a renowned, award-winning designer. Since launching his namesake brand 30 years ago, Michael Kors has featured distinctive designs, materials and craftsmanship with a jet-set aesthetic that combines stylish elegance and a sporty attitude. Mr. Kors’ vision has taken the Company from its beginnings as an American luxury sportswear house to a global accessories, footwear and apparel company with a presence in 74 countries.

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