Retail

Former Versace Executive Named Michael Kors CEO

Capri Holdings, a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors, has announces former Versace executive, Mr. Cedric Wilmotte will be appointed as the new CEO of the Michael Kors brand effective April 2023.

Published: Jan 24, 2023 11:02 AM

By Jeanel Alvarado

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Former Versace Executive Named Michael Kors CEO

Capri Holdings, a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors, has announces former Versace executive, Mr. Cedric Wilmotte will be appointed as the new CEO of the Michael Kors brand effective April 2023. Mr. Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022 and is currently Versace’s Chief Operating Officer.

John D. Idol, Chairman and Chief Executive Officer of Capri Holdings said, “I am thrilled to welcome Cedric back to the Michael Kors team as our new Chief Executive Officer. Cedric is a strong leader with extensive retail and merchandising experience and has a deep understanding of the Michael Kors brand and consumer.” Mr.

Idol continued, “Cedric has proven himself to be a versatile leader within our group, having achieved great success at both Michael Kors and Versace.

The Board, Michael and I are confident that the Michael Kors brand will benefit tremendously from Cedric’s leadership, which will help to further accelerate our strategic initiatives.

Cedric’s appointment ensures that we have three experienced and talented CEOs at each of our luxury fashion brands.” Prior to his time at Versace, Mr. Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021. During his tenure as President of Michael Kors EMEA, Mr…

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Former Versace Executive Named Michael Kors CEO

Capri Holdings, a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors, has announces former Versace executive, Mr. Cedric Wilmotte will be appointed as the new CEO of the Michael Kors brand effective April 2023.

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