New chief executive for Michael Kors
Capri Holdings, the parent organisation behind the Versace, Jimmy Choo and Michael Kors brands, has named Joshua Schulman chief executive of Michael Kors.
Mr Schulman will also succeed John D. Idol as chief executive of Capri Holdings in September 2022, when Mr Idol will become executive chairman, the company said.
Most recently president and chief executive of US leathergoods brand Coach, Mr Schulman was also notably chief executive of Jimmy Choo between 2007 and 2012. Other past senior roles at luxury brand and retailer level include periods working for Gucci, Saint Laurent and Neiman Marcus Group.
In a statement, Mr Schulman commented: “I have long admired Michael Kors’ design vision and how the brand creates timeless fashion and embodies jet set glamour. I look forward to working closely with Michael and the talented management team to build upon the long-standing success of the brand.”
Adding to this, Mr Idol said: “Josh is an outstanding leader with broad retail experience, industry depth and a proven track record of successfully operating and growing luxury brands.
“Further, the board of directors and I are confident in Josh’s unique abilities to lead Capri Holdings. His results driven leadership style and passion for building consumer-centric global brands will be instrumental in maximising the full potential of our three luxury fashion houses.”
