Capri names Estée Lauder veteran Boxford next CEO as Idol retires
Capri Holdings has appointed Justin Boxford, a longtime Estée Lauder luxury-beauty executive, as its next CEO, effective Jan. 4, 2027. He will succeed John Idol, who is retiring after more than two decades leading the company and will remain as a senior adviser through March 31; lead director Robin Freestone will become independent board chairman. Boxford takes over as Capri focuses on rebuilding Michael Kors and Jimmy Choo after selling Versace, with recent results mixed: Jimmy Choo grew while Michael Kors revenue declined. He is expected to build on the brands’ identities and pursue renewed growth.
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