FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  	OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5	
                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

IDOL JOHN D	2. Issuer Name and Ticker or Trading Symbol

Michael Kors Holdings Ltd [ KORS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman & CEO	
(Last)          (First)          (Middle)

C/O MICHAEL KORS LTD, UNIT 1902, 19/F, TOWER 6, THE GATEWAY, HARBOUR CITY	3. Date of Earliest Transaction (MM/DD/YYYY)

6/2/2014		
(Street)

TSIM SHA TSI, KOWLOON, K3 
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Ordinary shares, no par value  	6/2/2014  	 	A	  	27792   (1)	A	$0  	1708128  	D  	 	
Ordinary shares, no par value  	6/3/2014  	 	F	  	4382   (2)	D	$94.05  	1703746  	D  	 	
Ordinary shares, no par value  	 	 	 	  	 	 	 	95000  	I  	Held by the Idol Family Foundation  	
Ordinary shares, no par value  	 	 	 	  	 	 	 	150000  	I  	Held by John D. Idol 2013 GRAT #1  	
Ordinary shares, no par value  	 	 	 	  	 	 	 	150000  	I  	Held by John D. Idol 2013 GRAT #2  	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Employee share option (right to buy)  	$94.45  	6/2/2014  	 	A  	  	89316   	  	  (1)	6/2/2021  	Ordinary shares, no par value  	89316  	$0  	89316  	D  	 	
Performance-based restricted share units  	$0  	6/2/2014  	 	A  	  	23822   	  	  (3)	  (3)	Ordinary shares, no par value  	23822  	$0  	0   (4)	D  	 	
Employee share option (right to buy)  	$2.6316  	 	 	   	  	  	  	  (5)	2/18/2020  	Ordinary shares, no par value  	491426  	 	491426  	D  	 	
Employee share option (right to buy)  	$5.00  	 	 	   	  	  	  	  (6)	3/25/2021  	Ordinary shares, no par value  	456000  	 	456000  	D  	 	
Employee share option (right to buy)  	$20.00  	 	 	   	  	  	  	  (7)	12/14/2018  	Ordinary shares, no par value  	387597  	 	387597  	D  	 	
Employee share option (right to buy)  	$62.24  	 	 	   	  	  	  	  (8)	6/3/2020  	Ordinary shares, no par value  	84219  	 	84219  	D  	 	
Performance-based restricted share units  	$0  	 	 	   	  	  	  	  (9) (3)	  (3)	Ordinary shares, no par value  	28920  	 	0   (4)	D  	 	

Explanation of Responses:	
(  1) 	Granted on June 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these securities vest annually on each of June 2, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.	
(  2) 	Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.	
(  3) 	Each performance-based restricted share unit ("PRSUs") represents a contingent right to receive one ordinary share of the Company. The PRSUs will cliff vest after three years only upon achievement of a pre-established cumulative net earnings goal for the applicable three-year period, subject to the grantee's continued employment with the Company through the end of such performance period.	
(  4) 	The number of ordinary shares earned with respect to such PRSUs will range from 0-150% of the shares originally subject to the award, depending on actual achievement.	
(  5) 	Immediately exercisable.	
(  6) 	Granted on March 25, 2011 pursuant to the Option Plan. These share options vest in full 10-years from the date of grant if the Company's shareholder net equity has increased by at least 20% per annum during such 10-year period. These share options may also vest on an accelerated basis if the pre-established annual performance goal (tied to annual divisional pre-tax profit) for the year has been met, in each case, subject to the grantee's continued employment with the Company through the vesting date. 304,000 share options are immediately exercisable. If the annual performance goal is attained for Fiscal 2015, then the remaining 152,000 unvested share options will vest on or about the date the audit of the financial statements of the Company for the fiscal year ended March 28, 2015 is completed.	
(  7) 	Granted on December 14, 2011 pursuant to the Incentive Plan. One-half of these share options are immediately exercisable. Of the remaining unvested share options one-half will vest annually on each of December 14, 2014 and 2015, respectively, subject to grantee's continued employment with the Company through the vesting date.	
(  8) 	Granted on June 3, 2013 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2015, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.	
(  9) 	Granted on June 3, 2013 pursuant to the Incentive Plan.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
IDOL JOHN D
C/O MICHAEL KORS LTD, UNIT 1902, 19/F
TOWER 6, THE GATEWAY, HARBOUR CITY
TSIM SHA TSI, KOWLOON, K3 	X		Chairman & CEO		

Signatures		
/s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol		6/4/2014	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.