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Capri Denies a Search for Michael Kors Successor Is Underway

Capri Denies a Search for Michael Kors Successor Is Underway

Capri Holdings chairman and chief executive officer John Idol on Wednesday firmly denied a WWD report that a search for a successor to Michael Kors is being considered.

In a statement, Idol said, “Michael Kors is and will remain the chief creative officer of his namesake company. His vision is essential to our success. Any information to the contrary is incorrect.”

In a separate statement to Capri staff,…


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Advocates gird for Texas migrant law that could upheave US immigration

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Cisco completes acquisition of enterprise resilience giant Splunk for $28B

Cisco completes acquisition of enterprise resilience giant Splunk for $28B