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Chief Financial and Chief Operating Officer.Before we begin, let me remind you that certain statements made on this call may constitute forward looking statements, which are subject to risks and uncertainties that could cause actual results to differ from those that we expect. Investors should not assume that the statements made during the call will remain operative at a later time, and the company undertakes no obligation to update any information discussed on the call.I will now turn the call over to Michael Kors' Chairman and Chief Executive Officer, Mr. John Idol.Thank you, Christina. Good morning, and welcome to Michael Kors' first quarter of fiscal 2014 earnings call. With me today is Joe Parsons, Chief Financial and Chief Operating Officer. I will begin with a brief overview of our first quarter performance and share with you highlights on our strategic growth plans. Joe will then provide a detailed review of our first quarter financial results, followed by an update on our outlook for fiscal 2014 second quarter and full year.Michael Kors is off to a tremendous start in fiscal 2014, with exceptional first quarter financial results, and we are pleased with the strong momentum of our brand. Total revenue in the first quarter grew 55% to $641 million. Gross margin expanded 150 basis points, and income from operations grew 77% to $198 million, resulting in an operating margin of over 30%.The brand's strength, innovative fashion design and luxury jet set in store experience drove strong sales and earnings across all businesses and geographies. Our performance was the result of