Michael Kors makes internal senior management promotions
Michael Kors on Wednesday announced two internal promotions. The company will promote Philipa Newman to President, accessories and footwear and Michele Chan to President, women’s ready-to-wear.
Newman joined Michael Kors Holdings Limited in 2003. She currently serves as Senior VP European sales and merchandising for accessories, footwear, women’s ready-to-wear and menswear, and she previously served as Director of sales for women’s collections in the US. Prior to joining the company, Newman held several sales and merchandising positions at Calvin Klein, Donna Karan, Alexander McQueen and Tory Burch.
As President, accessories and footwear, Newman will report to Anna Bakst, Group president, accessories and footwear.
Chan joined the company in 2007 and currently serves as SVP, Retail Merchandising. She was previously VP retail merchandising, and prior to joining Michael Kors, Chan served over a decade in various merchandising positions at Lord & Taylor and Ann Taylor. In her new role, Chan will report to Gia Castrogiovanni, Group president, women’s ready-to-wear.
The company reported at the beginning of this month its strongest quarterly sales growth in a year. Sales rose 10.9% to $1.2 billion besting the average analyst estimate of $1.15 billion.
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