Michael Kors owner Capri Holdings appoints Justin Boxford as CEO
Capri Holdings, the parent company of Michael Kors and Jimmy Choo, has appointed Justin Boxford as chief executive and as a member of its board.
Due to take up his role on 4 January, he will succeed John Idol, who is retiring as chairman and chief executive after more than two decades leading the company.
Subscribe to TRBWhile Robin Freestone, Capri’s lead director, will become independent chairman, Idol will remain with the business as a senior adviser until 31 March to support a smooth handover.
Boxford has nearly 30 years’ experience in global luxury and beauty. He will join the business from The Estée Lauder Companies, where most recently he has been serving as global president of luxury beauty brands.
Before that, he was global brand president of Estée Lauder, where he was credited with leading a transformation that restored growth, accelerated innovation and improved the consumer experience across digital and physical channels.
Earlier in his career, he worked with LVMH as global marketing director for Marc Jacob fragrances.
Freestone said: “This announcement is the culmination of a thorough board-led process to identify Capri’s next chief executive officer, and we are confident that Justin is the right leader to guide Capri in its next chapter of growth.
“He brings an exceptional track record of revitalising and growing global luxury and beauty brands, deep international experience and a people-centered leadership approach.
“We look forward to Justin leveraging his expertise and perspectives to build on the strengths of Michael Kors and Jimmy Choo and pursue the opportunities ahead.”
