Capri Holdings Limited announced the appointment of Cedric Wilmotte as Interim Chief Executive Officer of Versace, effective January 17, 2021. Wilmotte will report to John D. Idol, Chairman and CEO of Capri Holdings.
Wilmotte will serve in the position through December 31, 2022, during which time he will partner with Donatella Versace, Chief Creative Officer, and the leadership team to continue executing the brand’s strategic initiatives.
Wilmotte brings with him years of luxury retail experience, including years with Michael Kors as the president of the EMEA region. Prior to joining Michael Kors in 2008, Wilmotte held leadership positions with Marc Jacobs in Paris from 2004 to 2008 and Donna Karan in New York, London and Milan from 1998 to 2004.
Idol said “I am thrilled to have Cedric in this role as he has an exceptional breadth of luxury retail expertise. Cedric did an outstanding job leading the Michael Kors brand in EMEA. I am confident that under his leadership, Versace will be able to continue to execute on its growth strategy and build upon the brand’s incredible momentum.”
Capri Holdings will continue to conduct a search for a permanent replacement for Jonathan Akeroyd, departing CEO of Versace, who will leave the brand on March 31, 2022.
Photo courtesy Versace
