Capri promotes for top brand role
Fashion group Capri Holdings - owner of Versace, Jimmy Choo and Michael Kors - has promoted Philippa Newman to chief brand and product officer.
Ms Newman has been with Michael Kors for over 16 years, most recently serving as the chief product officer.
CEO John Idol said: “Ms Newman is an exceptional leader with deep brand expertise and a strategic mindset. By bringing product and marketing under one cohesive leadership structure, we are creating greater synergy across our business, enabling a clear and consistent brand vision, and strengthening our ability to connect with consumers globally.”
Philippa Newman added: “I look forward to working alongside John, Michael, and our talented teams to effectively execute our product and brand strategies and drive long-term growth.”
At the start of February, Capri reported revenues of $3.4 billion for the first nine months of its current financial year, a decline of 13.7% compared with the same period last year.
