Michael Kors announces two senior executive promotions

Michael Kors Holdings has announced two internal promotions. Philippa Newman will be promoted to President, accessories and footwear, reporting to Anna Bakst, Group President of the segment. In addition, Michele Chan will be promoted to President, women’s ready-to-wear, reporting to Gia Castrogiovanni, Group President of the division.

Commenting on these promotions, John D. Idol, the company’s Chairman and Chief Executive Officer, said, “We are very pleased to announce the promotions of Philippa and Michele, both of whom have already made strong contributions to the company during their tenures. The promotions of Philippa and Michele are the result of our succession planning process as well as our training and development initiatives designed to foster a team of best-in-class leaders.”

Newman joined the company in 2003 and currently serves as senior vice president, European sales and merchandising for accessories, footwear, women’s ready-to-wear and menswear. She was previously director of sales for women’s collection in the United States. Prior to joining Michael Kors, Newman held various sales and merchandising positions at Calvin Klein, Donna Karan, Alexander McQueen and Tory Burch.

Chan joined Michael Kors in 2007 and currently serves as senior vice president, retail merchandising. She was previously vice president, retail merchandising for the company. Prior to joining this company, she spent more than a decade in various merchandising positions at Lord & Taylor and Ann Taylor.

picture:michaelkors.com