Fortrove News

Capri Holdings Limited, the global fashion luxury group, has just announced that their Chief Executive Officer of Versace Jonathan Akeroyd will be departing. Akeroyd will remain as part of the team and will be transitioning out of his position at Versace on March 31, 2022. Capri Holdings Limited will now begin their search for a new Chief Executive Officer for the Versace brand. Akeroyd will also work with John D. Idol, Chairman and Chief Executive Officer of Capri Holdings to ensure that the leadership team receives full support during the transition.

Michael Kors (Photo: Business Wire)

According to a comment by John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, “I would like to thank Jonathan for his leadership and tremendous contribution to Versace. We wish him the best in his new role. He leaves Versace at a time when there is strong momentum for the brand and we are executing on our clearly defined strategic initiatives. Versace has an exceptional management team in place, led by the innovative design vision of Donatella Versace, and we remain confident in the luxury house’s long-term growth potential.”

Jimmy Choo (Photo: Business Wire)

All Photo Sources

“I am honored to have led Versace and to have worked with the hugely talented management team to grow and strengthen the brand. I would like to thank all of the Versace employees, Donatella and John for their partnership. I am fully committed to ensuring a smooth transition, and am confident that Versace remains well-positioned to achieve continued success,” said Jonathan Akeroyd, Chief Executive Officer of Versace in a statement.

About Capri Holdings Limited

Capri Holdings Limited is a global fashion luxury group, consisting of iconic brands that are industry leaders in design, style and craftsmanship. Its brands cover the full spectrum of fashion luxury categories including women’s and men’s accessories, footwear and ready-to-wear as well as wearable technology, watches, jewelry, eyewear and a full line of fragrance products. The Company’s goal is to continue to extend the global reach of its brands while ensuring that they maintain their independence and exclusive DNA. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

Information originally sourced from BusinessWire.