Capri Holdings Limited announced that Mr. Joshua Schulman will be appointed Chief Executive Officer of the Michael Kors brand effective August 24, 2021, and will succeed John D. Idol as Chief Executive Officer of Capri Holdings in September 2022 when Mr. Idol will become Executive Chairman. Initially, Mr. Schulman will be responsible for all aspects of the Michael Kors brand globally, reporting directly to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. Mr. Schulman joins Capri Holdings from Tapestry Inc. where he was previously President and CEO of the Coach brand. Prior to his tenure at Coach, Mr. Schulman was with Neiman Marcus Group serving as President of Bergdorf Goodman from 2012 to 2017, and assuming additional responsibility for NMG International with the acquisition of MyTheresa.com in 2014. From 2007 to 2012, he was Chief Executive Officer of Jimmy Choo. Previously, Mr. Schulman has held senior positions in global fashion and luxury brands including Yves Saint Laurent and Gucci. In September 2022, Mr. Schulman will succeed Mr. Idol as Chief Executive Officer of Capri Holdings and will be appointed to the Capri Holdings’ Board of Directors.