Cedric Wilmotte returns to Michael Kors as new CEO
Cedric Wilmotte will make his return to the Michael Kors brand as its new Chief Executive Officer, effective 3 April 2023.
Wilmotte recently served as interim CEO at Versace from January through September 2022 and is currently Versace’s COO. Prior to a stint at Versace, Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021.
He has also previously held senior leadership positions at Marc Jacobs and Donna Karan.
Cedric Wilmotte commented: “I am excited to lead the Michael Kors brand as Chief Executive Officer. 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.”
John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, added: “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.
“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 to further accelerate our strategic initiatives. Cedric’s appointment ensures that we have three experienced and talented CEOs at each of our luxury fashion brands.”
Michael Kors, Chief Creative Officer, concluded: “Cedric shares in my vision for the brand and I am excited to welcome him back to Michael Kors. I look forward to working with him again as we continue to grow our company globally.”