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Former Coach CEO to Lead Michael Kors

He’ll take up his post in the fall of 2022.

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Capri Holdings, parent company of Michael Kors, has named Joshua Schulman, former Coach CEO and President, as CEO of Michael Kors effective September 2022, reports Reuters. He has also been appointed as the head of the brand, effective immediately, reporting to outgoing Capri CEO John Idol.

“Schulman has a strong track record of driving Coach’s turnaround, and we believe the MK brand and CPRI are poised to benefit from his leadership,” Cowen analyst Oliver Chen said.

Schulman is widely credited for leading the turnaround of the Coach brand, which he led from 2017 to 2020. Idol will transition to executive chairman of Capri next fall.

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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