CEO, Capri Holdings
Under the helm of John Idol, Michael Kors Holdings rebranded as Capri Holdings in January 2019.
The fresh identity came as the luxury group completed its acquisition of Versace. Although Michael Kors’ performance is expected to waver in its full-year results, Versace revenue is predicted to reach $900m (£712m). Idol has plans to grow the Italian fashion house’s retail footprint by around 100 stores and ultimately increase its revenue to $2bn (£1.52bn).
In May, Michael Kors opened its new Collection store concept in London’s Mayfair, which included men’s and women’s catwalk pieces for the first time. Idol describes 2020 as “an investment year” for the group in which strong growth will be led by Versace and Jimmy Choo.
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