Capri Holdings appoints Cedric Wilmotte as CEO
Cedric Wilmotte is currently Versace’s chief operating officer. Prior to his time at Versace, Wilmotte led the Michael Kors EMEA (Europe, Middle East, and Africa) business from its inception in 2008 through 2021.
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, announced that Cedric Wilmotte has been 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. He is currently Versace’s chief operating officer. Prior to his time at Versace, Wilmotte led the Michael Kors EMEA (Europe, Middle East, and Africa) business from its inception in 2008 through 2021. During his tenure as president of Michael Kors EMEA, he 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.
“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,” says John D. Idol, chairman and chief executive officer at Capri Holdings. “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 further accelerate our strategic initiatives. Cedric’s appointment ensures we have three experienced and talented CEOs at each of our luxury fashion brands.”
Michael Kors, chief creative officer, is equally thrilled with the appointment. “Cedric shares in my vision for the brand and I am excited to welcome him back to Michael Kors,” he says. “I look forward to working with him again as we continue to grow our company globally.”
Even more thrilled is Cedric Wilmotte. “I am excited to lead the Michael Kors brand as chief executive officer,” he said. “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.”
In the Philippines, Michael Kors is exclusively distributed by Stores Specialists, Inc., with stores at Central Square in Bonifacio High Street Central, Greenbelt 5, Newport Mall, Power Plant Mall, Rustan’s Makati, and Shangri-La Plaza Mall.