Capri Holdings announced on Tuesday the departure of Cedric Willmote from his role as chief executive officer at Michael Kors. Cedric Willmote who had served as Michael Kors chief executive since January 2023, will step down from the role and be replaced by Capri Holdings CEO and chairman John Idol. The brand seems to be making changes at Michael Kors as it tries to reinvigorate its top brand. Capri also revealed that Philippa Newman, who joined the brand more than
