UK's Capri names Cedric Wilmotte as Michael Kors' CEO

Wilmotte recently served as the interim chief executive officer for Versace from January through September 2022 and is currently Versace’s chief operating officer. Prior to his time at Versace, Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021. During his tenure as president of Michael Kors EMEA, Wilmotte was responsible for Michael Kors’ significant growth in the region. Before joining Michael Kors, Wilmotte held senior leadership positions at Marc Jacobs in Paris from 2004 to 2008 and at Donna Karan in New York, London and Milan from 1998 to 2004, the company said in a press release.

“I am thrilled to welcome Wilmotte back to the Michael Kors team as our new chief executive officer. He is a strong leader with extensive retail and merchandising experience and has a deep understanding of the Michael Kors brand and consumer. He 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 Wilmotte’s leadership, which will help to further accelerate our strategic initiatives. Wilmotte’s appointment ensures that we have three experienced and talented CEOs at each of our luxury fashion brands,” John D. Idol, chairman and chief executive officer of Capri, said.

“I am excited to lead the Michael Kors brand as chief executive officer. Having been a part of the Michael Kors family for almost 15 years, I have a special and personal connection to our brand, our employees and our customers. I look forward to partnering with Michael, the strong leadership team and all of our valued employees around the world to execute on our strategic vision and drive future growth,” Wilmotte said.

Fibre2Fashion News Desk (GK)