Philippa Newman Promoted to Chief Brand and Product Officer to Drive Brand Growth and Strategic Alignment
Capri Holdings (NYSE:CPRI) has announced the promotion of Philippa Newman to Chief Brand and Product Officer, effective immediately. In this expanded role, Newman will oversee all product and marketing functions, reporting to John D. Idol, Chairman and CEO of Capri Holdings and Michael Kors.
Newman, who has been with Michael Kors for over 16 years, previously served as Chief Product Officer. In her new position, she will focus on delivering a unified brand experience aligned with the company's heritage, ensuring product innovation and consumer engagement across all touchpoints.
The strategic leadership restructuring aims to create greater synergy by bringing product and marketing under one cohesive leadership structure, reinforcing Michael Kors' commitment to brand evolution and product innovation.
Capri Holdings (NYSE:CPRI) ha annunciato la promozione di Philippa Newman a Chief Brand and Product Officer, con effetto immediato. In questo ruolo ampliato, Newman superviserà tutte le funzioni di prodotto e marketing, riferendo a John D. Idol, Presidente e CEO di Capri Holdings e Michael Kors.
Newman, che è con Michael Kors da oltre 16 anni, ha precedentemente ricoperto il ruolo di Chief Product Officer. Nella sua nuova posizione, si concentrerà sulla creazione di un'esperienza di marca unificata allineata con l'eredità dell'azienda, garantendo innovazione del prodotto e coinvolgimento dei consumatori in tutti i punti di contatto.
La ristrutturazione della leadership strategica mira a creare maggiore sinergia portando prodotto e marketing sotto una struttura di leadership coesa, rafforzando l'impegno di Michael Kors verso l'evoluzione del marchio e l'innovazione del prodotto.
Capri Holdings (NYSE:CPRI) ha anunciado la promoción de Philippa Newman a Chief Brand and Product Officer, con efecto inmediato. En este rol ampliado, Newman supervisará todas las funciones de producto y marketing, reportando a John D. Idol, Presidente y CEO de Capri Holdings y Michael Kors.
Newman, que ha estado con Michael Kors durante más de 16 años, anteriormente se desempeñó como Chief Product Officer. En su nueva posición, se centrará en ofrecer una experiencia de marca unificada alineada con el patrimonio de la empresa, asegurando la innovación de productos y el compromiso del consumidor en todos los puntos de contacto.
La reestructuración del liderazgo estratégico tiene como objetivo crear una mayor sinergia al unir producto y marketing bajo una estructura de liderazgo cohesiva, reforzando el compromiso de Michael Kors con la evolución de la marca y la innovación de productos.
카프리 홀딩스 (NYSE:CPRI)는 필리파 뉴먼을 최고 브랜드 및 제품 책임자로 즉시 승진시켰다고 발표했습니다. 이 확대된 역할에서 뉴먼은 모든 제품 및 마케팅 기능을 감독하며, 카프리 홀딩스 및 마이클 코어스의 회장 겸 CEO인 존 D. 아이돌에게 보고합니다.
뉴먼은 마이클 코어스에서 16년 이상 근무했으며, 이전에는 최고 제품 책임자로 활동했습니다. 그녀의 새로운 직위에서 그녀는 회사의 유산에 맞춰 통합된 브랜드 경험을 제공하고, 모든 접점에서 제품 혁신과 소비자 참여를 보장하는 데 집중할 것입니다.
전략적 리더십 재구성은 제품과 마케팅을 하나의 응집력 있는 리더십 구조 아래 통합하여 더 큰 시너지를 창출하고, 마이클 코어스의 브랜드 진화 및 제품 혁신에 대한 의지를 강화하는 것을 목표로 하고 있습니다.
Capri Holdings (NYSE:CPRI) a annoncé la promotion de Philippa Newman au poste de Chief Brand and Product Officer, avec effet immédiat. Dans ce rôle élargi, Newman supervisera toutes les fonctions produit et marketing, rendant compte à John D. Idol, Président et CEO de Capri Holdings et Michael Kors.
Newman, qui travaille chez Michael Kors depuis plus de 16 ans, a précédemment occupé le poste de Chief Product Officer. Dans sa nouvelle fonction, elle se concentrera sur la création d'une expérience de marque unifiée, alignée sur l'héritage de l'entreprise, en garantissant l'innovation produit et l'engagement des consommateurs à tous les points de contact.
La restructuration stratégique du leadership vise à créer une plus grande synergie en intégrant le produit et le marketing sous une structure de leadership cohérente, renforçant ainsi l'engagement de Michael Kors envers l'évolution de la marque et l'innovation produit.
Capri Holdings (NYSE:CPRI) hat die Beförderung von Philippa Newman zur Chief Brand and Product Officer bekannt gegeben, die sofort wirksam wird. In dieser erweiterten Rolle wird Newman alle Produkt- und Marketingfunktionen überwachen und an John D. Idol, den Vorsitzenden und CEO von Capri Holdings und Michael Kors, berichten.
Newman, die seit über 16 Jahren bei Michael Kors ist, war zuvor Chief Product Officer. In ihrer neuen Position wird sie sich darauf konzentrieren, ein einheitliches Markenerlebnis zu schaffen, das mit dem Erbe des Unternehmens in Einklang steht, und Innovationen im Produktbereich sowie die Verbraucherbindung an allen Kontaktpunkten sicherzustellen.
Die strategische Umstrukturierung der Führung zielt darauf ab, durch die Zusammenführung von Produkt und Marketing unter einer kohärenten Führungsstruktur größere Synergien zu schaffen und das Engagement von Michael Kors für Markenentwicklung und Produktinnovation zu stärken.
- Strategic consolidation of product and marketing functions under unified leadership
- Promotion of experienced internal executive with 16+ years at the company
- Organizational restructuring aimed at improving operational efficiency
- None.
(Photo: Business Wire)
Ms. Newman has been with Michael Kors for over 16 years, most recently serving as the Chief Product Officer where she has already taken a pivotal role in driving product innovation and shaping our strategy for growth. As Chief Brand and Product Officer, she will focus on delivering a compelling, unified brand experience aligned with our heritage, ensuring that Michael Kors continues to create exciting fashion and core products with strong consumer appeal while driving engagement across all touchpoints.
“Ms. Newman is an exceptional leader with deep brand expertise and a strategic mindset,” said John D. Idol. “By bringing product and marketing under one cohesive leadership structure, we are creating greater synergy across our business, enabling a clear and consistent brand vision, and strengthening our ability to connect with consumers globally.”
“Michael Kors has incredible brand equity, and I am honored to step into this role at such a pivotal time,” said Philippa Newman. “I look forward to working alongside John, Michael, and our talented teams to effectively execute our product and brand strategies and drive long-term growth.”
This strategic leadership shift reinforces Michael Kors’ commitment to brand evolution, consumer engagement, and product innovation, ensuring the company is well-positioned for the future.
About Capri Holdings Limited
Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.
Forward-Looking Statements
This press release contains statements which are, or may be deemed to be, “forward-looking statements.” Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Capri about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. All statements other than statements of historical facts included herein, may be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “plans”, “believes”, “expects”, “intends”, “will”, “should”, “could”, “would”, “may”, “anticipates”, “might” or similar words or phrases, are forward-looking statements. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions, which could cause actual results to differ materially from those projected or implied in any forward-looking statements. These risks, uncertainties and other factors are identified in the Company's Annual Report on Form 10-K for the fiscal year ended March 30, 2024 filed with the Securities and Exchange Commission. Please consult these documents for a more complete understanding of these risks and uncertainties. Any forward-looking statement in this press release speaks only as of the date made and Capri disclaims any obligation to update or revise any forward-looking or other statements contained herein other than in accordance with legal and regulatory obligations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250213565551/en/
Investor Relations:
Jennifer Davis
+1 (201) 514-8234
Jennifer.Davis@CapriHoldings.com
Media:
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Source: Capri Holdings Limited
FAQ
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