PRESS RELEASE: Michael Kors Announces New Lifestyle Partnership with McLaren-Honda

Michael Kors Announces New Lifestyle Partnership with McLaren-Honda

LONDON–(BUSINESS WIRE)–Jun. 22, 2016

Michael Kors (NYSE:KORS), a global luxury lifestyle brand, is delighted to announce a new partnership with McLaren-Honda, becoming the official lifestyle partner of the world championship Formula 1 team. Both McLaren-Honda and Michael Kors celebrate design and speed, with the partnership strengthening and amplifying both brands’ embodiment of a fast, jet-set lifestyle.

“Michael Kors and McLaren-Honda are pioneers in their respective spaces, and we firmly believe that McLaren-Honda is the right partner for our entry into the Formula 1 racing world,” says John D. Idol, Chairman and Chief Executive Officer of Michael Kors. “This is an exciting moment for us, especially as we continue to grow as a men’s lifestyle brand. ”

The Formula 1 audience is a new one for Michael Kors, providing a prime opportunity to familiarize the European consumer with all facets of the Michael Kors world. Additionally, the legendary McLaren-Honda brand and its renowned Formula 1 drivers are an exceptional representation of the Michael Kors man—sophisticated, international and successful, with an appreciation for living life in the fast lane.

“We’re delighted to announce a brand-new partnership between McLaren- Honda and Michael Kors, the world-famous award-winning designer of luxury accessories and ready-to-wear apparel,” says Ron Dennis, Executive Chairman and CEO McLaren Group.

He continues, “Like McLaren, which has raced in Formula 1 all over the world for the past 50 years, Michael Kors is also a truly international company, operating sty lish and successful stores in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.

“Moreover, I firmly believe that the corporate cultures of both McLaren and Michael Kors encompass a common dynamism and adventurism, as well as a shared commitment to a similarly relentless pursuit of perfection, and as such the two brands are extremely well suited to a long-term partnership. That brand fit is very important to both of us: both companies have built their reputations on being the very best at what they do, and, as we now march forward together, we’ll both become stronger still.”

As the team’s official lifestyle partner, Michael Kors branding will feature prominently on both the driver overalls and the McLaren-Honda MP4-31 car.

&nb sp; To celebrate the launch of the partnership, Michael Kors has created a limited-edition men’s leather jacket. The 50 specially produced black leather jackets will be sold exclusively on the men’s floor of the new Michael Kors London flagship store, while supplies last. The jackets feature both the Michael Kors and McLaren logos, as well as a limited-edition plaque with each piece’s unique production number.

“This partnership is about the convergence of style and speed, which is inherent to both the Michael Kors and McLaren-Honda DNA,” says Michael Kors. “There is an energy, sophistication and confidence to both of our brands, and we wanted to create a limited-edition piece that spoke to that.”

About Michael Kors

Michael Kors is a world-renowned, award-winning designer o f luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, MICHAEL Michael Kors and Michael Kors Mens, including accessories, footwear, watches, jewelry, ready-to-wear and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.

About McLaren Technology Group

McLaren is globally renowned as one of sport’s most successful competitors and as one of the world’s most illustrious high-technology brands.

The McLaren Technology Group has grown to encompass much more than just motorsport: toda y it houses McLaren Applied Technologies, which supplies electronic systems to the entire Formula 1, Indycar and NASCAR grids and creates cutting-edge solutions for a wide variety of high-tech industries. McLaren Automotive has established itself as a successful global company having launched the internationally acclaimed 12C, 650S and McLaren P1(TM) high-performance cars.

McLaren-Honda campaigns the 2016 FIA Formula 1 World Championship with the driver pairing of two-time (2005, 2006) world champion Fernando Alonso and 2009 world champion Jenson Button. They drive the McLaren-Honda MP4-31.

Forward-Looking Statements

This press release contains forward-looking statements about Michael Kors and McLaren. You should not place undue reliance on such statements because they are subject to numerous uncertainti es and factors relating to the operations and business environment of each company, all of which are difficult to predict and many of which are beyond such company’s control. Forward-looking statements include information concerning each company’s possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as “may”, “will”, ”should”, ”believe”, ”expect”, ”anticipate”, ”intend”, ”plan”, ”estimate” or similar expressions. The forward-looking statements contained in this press release are based on assumptions that each company has made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties a nd assumptions. Although each company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking statements. These factors are more fully discussed in the “Risk Factors” section and elsewhere in the Michael Kors Annual Report on Form 10-K for the fiscal year ended April 2, 2016 (File No. 001-35368), filed on June 1, 2016 with the U.S. Securities and Exchange Commission.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160622006009/en/

CONTACT:
MICHAEL KORS
Dinesh Kandiah, 917-214-2979
&nb sp; VP, Global Communications
Dinesh.Kandiah
or
Investor Relations:
Michael Kors Holdings Limited
Krystyna Lack, 201-691-6133
VP, Treasurer and Investor Relations
InvestorRelations@MichaelKors.com
or
ICR, Inc.
Jean Fontana, 203-682-1214
jean.fontana
or
&n bsp; Media:
ICR, Inc.
Alecia Pulman, 646-277-1231
KorsPR
or
Matt Bishop, +44 7976 835878
Group Head of Communications & Public Relations, McLaren Marketing
matt.bishop
or
Steve Cooper, +44 7881 426460
Media Manager, McLaren Marketing
steve.cooper

PRESS RELEASE: First Seven Pilot Online Courses Certified by EOCCS – Online Course Certification System

First Seven Pilot Online Courses Certified by EOCCS – Online Course Certification System

BRUSSELS, BELGIUM–(Marketwired)–Jun 21, 2016

EFMD Global Network would like to warmly congratulate BI Norwegian Business School, Henley Business School, HEC Paris (in partnership with FFI), Sberbank Corporate University and Grenoble Ecole de Management, which have been recently certified by EOCCS, establishing the community of EOCCS Certified online courses.

Dr. Olga Udovichenko, Vice-Dean, Programs Development, Sberbank Corporate University, said: "We are very pleased with the successful launch of EOCCS certification system which is another evidence of EFMD’s global leadership in innovations in management education. For us at Sberbank Corporate University it is a great honor and responsibility to become the first EFMD corporate member awarded EOCCS."

"With the continual advancements in eLearning, we see a high quality online student experience as critical to our future success. The development of a rigorous review process by EFMD demonstrates that they too recognise the importance of technology and its role in delivering outstanding business education," said prof. Ginny Gibson, Deputy Dean at Henley Business School.

Mrs. Karine Le Joly, Director of Innovation at HEC Paris, added: "HEC Paris is proud to be among the first schools to receive the EOCCS certification. This certification confirms the excellence of our online courses and is a great reward for the efforts we are undertaking."

"We receive this certification toget her with major international and prestigious institutions. It establishes BI as a leading international educational institution for future teaching methods," commented prof. Inge Jan Henjesand, the President of BI Norwegian Business School.

Prof. David Asch, EFMD Quality Services Director, said: "We are extremely pleased that seven online courses from five renowned organisations, representing both business schools and corporate universities, have successfully completed the pioneering EOCCS – Online Course Certification System. EOCCS has been designed as a demanding and quality-driven international certification system, firmly embedded in the general philosophy of EFMD accreditations, namely internationalisation, practical relevance and quality improvement. We would like to warmly congratulate all five organisations for the tremendous work they put into the development of their online courses and for the completion of the certification process."

EOCCS gives online courses within universities, business schools, corporate learning organisations and public agencies a top international quality benchmark in the diverse education landscape where digital technology is applied to teaching and learning. The system is open to any institution delivering online business and/or management-related courses that are stand-alone or constitute part of a certificate or a programme.

If you would like further information or are interested in your online course taking part, please visit the EOCCS website or contact eoccs.

About EFMD

EFMD is a leading international network of business schools and companies at the forefront or raising the standards of management ed ucation and development globally. More information about EFMD is available via efmd.org.

CONTACT INFORMATION

Contacts:
EFMD
Magdalena Wanot
+32 2 629 08 38

PRESS RELEASE: Mitratech Acquires CMO Software

Category: Technology
Posted Jun 22, 2016 09:36 (GMT+7)
Mitratech Acquires CMO Software

AUSTIN, TX–(Marketwired)–June 21, 2016

– Mitratech Signals New Future for Legal, Compliance and Operational Risk Management With Its Acquisition of CMO Software, an Industry-Leading GRC and EHS Platform

Mitratech, the market-leading provider of Enterprise Legal Management (ELM) solutions, announced today it has acquired CMO Software. CMO Software is a recognized market leader in Environment, Health and Safety (EHS) & Governance, Risk, and Compliance (GRC) solutions for organizations around the globe. With a robust web-based platform, and mobile solutions for both iOS and Android, CMO Software is an industry-leading integrated technology platform with extensive workflow and configuration capabilities.

&nb sp; Mitratech’s acquisition of CMO Software is the company’s fourth in the past year; Mitratech acquired Bridgeway Software in July 2015, CaseTrack in August 2015, and Viewabill in March 2016.

For more than 30 years, Mitratech’s mission has been to provide the technology and tools that enable the legal department to be the best-run function in the organization for companies of all sizes and for industries around the globe. We are excited to be a part of the continued expansion of that mission as the market and client needs continue to expand as well. The changing global environment has created an opportunity to go even further to erase the traditional barriers between legal processes and regulatory, compliance, and risk management.

“Risk, its mitigation, and the costs associated with both have become material issues for companies, whether that risk is legal, regulatory, or related to health and safety,” said Mitratech CEO Jason Parkman. “We’re staking a position as the company that brings this all together in a total end-to-end solution for the industry. The acquisition of CMO Software allows Mitratech to not only meet this growing market need, but to lead the market where data silos and disconnected business processes are costing companies billions each year. Our solutions will allow operational executives to better identify, manage, and mitigate the issues that keep them up at night, and will provide unprecedented visibility and predictability for the C-Suite.”

CMO Software is highly complementary to Mitratech’s fast-growing global customer base of large multinational and middle market corporations representing more than 750 companies and 11,000 law firms spanning the Americas, EMEA and APAC.

“With Mitratech and CMO together, we can offer a total risk management solution: helping our clients reduce risk and costs, whether legal, regulatory, or operational — with visibility, predictability, and control,” stated Jim Darragh, CMO Software’s CEO. “We are thrilled to be a part of their long-term vision for the global enterprise risk management market.”

Within a global environment of increasing regulation and higher stakes for non-compliance, the acquisition of CMO Software allows Mitratech to expand their abilities to enable corporations in their efforts to manage risk.

The financial terms of the deal are not being disclosed.

ABOUT MITRATECH
Mitratech, back-to-back recipient of Legaltech News’ Innovation Award for Case/Matter Management System, is the market-lead ing provider of Enterprise Legal Management (ELM) solutions for more than 750 global legal departments of all sizes, representing 6 of the Fortune 10, almost 40% percent of the Fortune 500, and over 100,000 users in over 150 countries. Mitratech’s award winning products are also used by over 11,000 of its clients’ external partners, including 99 of the Global 100 and 100 percent of the Am Law 200 law firms. Mitratech’s portfolio of ELM software solutions, which have received Market Leader designations from Hyperion Research, offer end-to-end matter management, spend management, e-Billing, legal hold, contracts management, GRC, and reporting solutions. Clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners, and reducing overall legal spend. To learn more, visit www.mitratech.com

Chris Kraft
marketing

PRESS RELEASE: IPG Mediabrands Launches “The D100”

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CANNES, France–(BUSINESS WIRE)–Jun. 20, 2016

GOOGLE, AMAZON AND SAMSUNG TOP LIST OF THE WORLD’S MOST DYNAMIC BRANDS

– Existing brand equity measures are outdated for the new world
– IPG Mediabrands, in partnership with The Wharton School at the University of Pennsylvania, has created a new brand measure called a “dynamic score”
– Brands with a higher dynamic score enjoy better revenue growth as compared to brands with a lower dynamic score
– The dynamic score is made up of 4 dimensions – Agility, Responsiveness, Innovation and Sociability
– The D100 is determined by ranking the top 100 dynamic scores of brands from across the globe

IPG Mediabrands, the media holding arm of Interpublic Group (NYSE:IPG), in partnership with Jonah Berger, Associate Professor, The Wharton School at The University of Pennsylvania andNew York Times best-selling author of Contagious: Why Things Catch On, has launched the inaugural D100, ranking the 100 most dynamic companies in the world using new world metrics.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160620005848/en/

To construct the D100, over 10,000 consumers were surveyed across four global regions in five major markets including the United States, United Kingdom, Germany, China, and India. Consumers were asked questions on both global b rands and market specific brands; in total over 1,200 brands were examined. Global brands were defined by large, multinationals that had at least some presence in multiple key markets (e.g., Coca-Cola, Nike and BMW). Market-specific brands were smaller brands that may only be present in a single market (e.g., Royal Mail – UK or Hajmola – India).

The Top 10 Most Dynamic Brands In The World Are:

1. Google
2. Amazon
3. Samsung
4. Nike
5. Intel
6. NASA
7. BMW
8. Mercedes-Benz
& nbsp; 9. Audi
10. Lenovo

“The D100, along with the data that we’ve collected to identify the world’s most dynamic brands is incredible. The dynamic score and new world brand metrics that we’ve defined enables IPG Mediabrands to help brands to become truly dynamic and evolve at the pace of consumers,” says Henry Tajer, Global CEO at IPG Mediabrands.

The dynamic score is comprised of four key dimensions to calculate and determine brand dynamism, as opposed to traditional “old world” measures, such as brand awareness and brand value.

The D100 marks the first time that brand success is measured with new world metrics, specifically:

– AGILITY: the degree to whi ch brands adapt to changing market conditions.
– RESPONSIVENESS: the degree to which a brand listens and responds to customer needs and feedback.
– INNOVATION: the degree to which brands leverage new technology and creates innovative products and services
– SOCIABILITY: How large and engaged a brand’s audience is on social media.

Data on the first three dimensions (Agility, Responsiveness, and Innovation) were collected through consumer perceptions and the fourth, Sociability, was collected through social media data across Facebook, Twitter and Weibo. Each dimension was z-scored and then averaged together to form a brand’s overall dynamic score.

Jonah Berger, Associate Professor of Marketing at the Uni versity of Pennsylvania said, “In partnership with IPG Mediabrands, we applied a rigorous and comprehensive methodology that showcases which brands are driving the future. Ultimately, it is not just about being relevant today; it’s about being transformative tomorrow.”

At its core, the research shows that the world has fundamentally changed. Being the largest and oldest brand used to guarantee continued success. Yet, in today’s fast-paced, socially connected marketplace, it is not just a brand new world, it is a new brand world, with these four metrics serving as the underpinnings for brand vitality and perpetual growth.

Throughout the D100, there is a clear and positive relationship between the dynamic score and company’s performance. Dynamic brands, defined as brands that scored one standard deviation above the mean in dynamism, had 2.7% higher percentage Q4 revenue growth from 2014 to 2015. While this percentage may not seem significant on its own, the average revenue growth across brands, generally, is only 4.4%. The relationship between dynamism and revenue growth persists even when controlling for more traditional brand metrics such as brand awareness and size. This suggests that brand dynamism drives future performance above and beyond more traditional brand measures. The relationship between dynamism and revenue growth is particularly driven by the Agility dimension and somewhat by the Sociability dimension. Agile companies also have a higher market cap.

Mat Baxter, Global Chief Strategy and Creative Officer said, “This is a hugely important study because it clearly demonstrates the urgent need for brands to move away from outdated brand measures and embrace the dynamic score – something that we’ve proven is tightly correlated with the future revenue growth and mome ntum of companies.”

The inaugural D100 Award was awarded to Google, the world’s most dynamic company and presented to Eric Schmidt, Executive Chairman, Alphabet Inc. (Google’s newly formed parent company) at the 63rd Cannes Lions International Festival of Creativity in Cannes France.

For additional information on how a particular brands performed or to access the complete list of the rankings, please visit www.thed100.com

###

About IPG Medibrands

IPG Mediabrands was founded by Interpublic Group (NYSE: IPG) in 2007 to manage all of its global media related assets. Today, we manage over $37 billion in marketing investment on behalf of our clients, employing over 8,500 marketing communication specialists in more than 130 countries.

IPG Mediabrands is a new world agency group designed with dynamic marketing at its core. Our speed, agility and data smarts ensure we continue to create growth for many of the world’s biggest brands. IPG Mediabrands’ network of agencies includes UM, Initiative, BPN and Orion Holdings as well specialty business units including Magna Global, Cadreon, Ansible, Society, Reprise, Rapport and the IPG Media Lab.

IPG Mediabrands. Dynamic by Design.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160620005848/en/

CONTACT:
IPG MediabrandsDan Friedman, +1-212-883-4780
Dan.Friedman

‘NANO KOREA 2016’, Largest NANO Technology Exhibition in Korea, from July 13th

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Category: General News
Posted Jun 17, 2016 09:02 (GMT+7)
         KINTEX, South Korea–(BUSINESS WIRE)–Jun. 17, 2016

– Marking its 14th event, 350 companies from 15 countries will showcase new technologies and applications

– 6 concurrent exhibitions of state-of-the-art technologies, including advanced ceramics, high-function materials and smart sensors, will be jointly held

NANO KOREA 2016, the largest exhibition of advanced NANO technology and business, will be held from July 13th to 15th at KINTEX in Korea.

As a perfect venue for the opportunities to interchange technology, information and business between the global demand businesses and excellent technology providers, NANO KOREA has been held annually since 2003 hosted by Ministry of Trade, Industry & Energy, and Ministry of Science, ICT & Future Planning, marking its 14th event this year.

In NANO materials segment, functional coating fluids and pastes, including carbon-based carbon NANO tube (CNT), and graphene applications, will be showcased. NANO materials and devices such as NANO powder, film heater technology based on NANO technologies, NANO contrast medium, as well as NANO applications such as carbon bicycles, NANO filters, and NANO technology-based energy reduction devices, are to be displayed at the exhibition.

A wide range of NANO equipment will also be displayed, including semiconductor processing equipments such as sputters, evaporators, plasma etches, PECVDs and ALDs, and NANO measurement, analysis, processing and manufacturing equipments such as laser equipments for electronic and semiconductor devices.

They include micro/MEMS for compact and intelligent systems, laser technologies for value-added product development, and materials and equipment for advanced ceramics that empower IT, BT and ET.

Especially, the high functional material exhibition and smart sensor exhibition will be jointly held for the first time.

On July 13th, Keynote presentations will be held by Prof. John A. Rogers (University of Illinois at Urbana Champaign, USA) and Dr. Michiharu Nakamura (Japan Science and Technology Agency, JAPAN).

On July 15th, the industrialization session in which global demand businesses make a presentation regarding direction of NANO technology commercialization in demand industry will be held. This year, 3M, BASF, Hanwha Chemical and LG Chemical will give presentations.

Above 20 various symposium and workshops will be held together on technology trend and future prospect in laser, micro, high-function materials, smart sensor, and so on.

NANO KOREA 2016 is admitted free if registered in advance. Online registration is available by July 11th on the website (www.nanokorea.or.kr).

Contacts
NANO KOREA 2016 Secretariat
Joo hyang Song, Staff
82-31-548-2013
ntrasong@nanokorea.net

Source: NANO KOREA Organizing Committee