Global luxury fashion business Michael Kors has appointed former Versace boss Cedric Wilmotte as CEO.
He recently served as CEO of fellow Capri Holdings fashion brand Versace from January to September last year and is currently chief operating officer at the fashion label. He will join Michael Kors on 3 April this year.
Prior to Versace, Wilmotte led the Michael Kors EMEA business from its inception in 2008 through to 2021.
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 CEO of Capri Holdings, said: “Cedric is a strong leader with extensive retail and merchandising experience and has a deep understanding of the Michael Kors brand and consumer.”
He added that Wilmotte had “proven himself to be a versatile leader within our group, having achieved great success at both Michael Kors and Versace”.
Michael Kors, chief creative officer of his eponymous brand, added: “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.”
Wilmotte continued: “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.”
Michael Kors's parent company Capri Holdings acquired Versace for £1.61bn (€1.83bn) in 2018.
https://www.drapersonline.com/news/michael-kors-introduces-ceo
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