THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail Marketplace Strategy 2023
Omni Channel Futures 2023
Retail HR Central
Digital Transformation Strategy 2023
Customer Engagement Strategy 2023
Retail HR 2023
THE Retail Conference 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Michael Kors chief executive steps down

Luxury fashion group Capri Holdings has confirmed that Joshua Schulman is to step down as chief executive of the Michael Kors fashion brand. He took up… View Article

FASHION

Michael Kors chief executive steps down

Luxury fashion group Capri Holdings has confirmed that Joshua Schulman is to step down as chief executive of the Michael Kors fashion brand.

He took up his role six months ago and was also expected to succeed John Idol as chief executive of Capri Holdings next September when Idol would become executive chairman.

Schulman previously worked with Tapestry where he was president and chief executive of the Coach brand. His CV also includes a stint with Neiman Marcus Group where he was president of Bergdorf Goodman.

In a statement, Capri Holdings did not give a reason for Schulman’s exit, but said  Idol will remain as chairman and chief executive of the group.

Idol added: “Michael Kors has a talented management team in place that will continue to execute on its strategic initiatives. The strategies that we put in place prior to the pandemic have been generating strong consumer demand and driving higher profitability as we continue to elevate brand positioning. The board and I remain extremely optimistic about the future growth of Michael Kors and Capri Holdings. We are grateful to Josh for his contributions to our organisation.”

Capri Holdings also owns the Jimmy Choo and Versace luxury fashion brands.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News