The global fashion luxury group Capri Holdings Limited today announced that Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023.
Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022, as Jonathan Akeroyd was to left the brand on March 31, 2022. The new CEO of Michael Kors is currently Versace’s Chief Operating Officer.
“I am excited to lead the Michael Kors brand as Chief Executive Officer,” said Cedric Wilmotte. “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.”
Back to Michael Kors again
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, Cedric Wilmotte was responsible for Michael Kors’ significant growth in the region.
Before joining Michael Kors, he 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.
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.”
And he 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.”
Michael Kors, Chief Creative Officer of the brand, said, “Cedric shares in my vision for the brand and I am excited to welcome him back to Michael Kors. I look forward to working with him again as we continue to grow our company globally.”
Image over the headline.- Cedric Wilmotte, from CEOO at versace to CEO at Michael Kors. Images, © Capri Holdings. Composition © Eastwind.
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Michael Kors completes acquisition of Versace and changes name to Capri Holdings