Capri Holdings Limited Appoints Emmanuel Gintzburger as CEO of Versace
21 Março 2022 - 10:00AM
Business Wire
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury
group, today announced the appointment of Emmanuel Gintzburger as
Chief Executive Officer of Versace effective September 12, 2022.
Mr. Gintzburger will report to John D. Idol, Chairman and Chief
Executive Officer of Capri Holdings.
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Versace (Photo: Business Wire)
Mr. Gintzburger joins Versace from Alexander McQueen, where he
served as CEO since May 2016. Prior to joining Alexander McQueen,
Mr. Gintzburger was Worldwide Retail and Wholesale Director for
Saint Laurent from 2011 to 2016, having joined the Parisian fashion
house in 2009 as the Europe Retail Director. From 2007 to 2009, he
served as International Retail Director at Lanvin, and prior to
that he held regional retail and marketing leadership roles at
Sephora. Mr. Gintzburger also spent six years at Louis Vuitton in
Hong Kong.
John D. Idol, Chairman and Chief Executive Officer of Capri
Holdings, said, “I am excited to welcome Emmanuel as our new Chief
Executive Officer of Versace. He has a proven track record of
building global fashion luxury houses. We believe that Emmanuel’s
vision for Versace will help us achieve our ambitions for the
future. Versace already has strong momentum and Emmanuel’s
leadership will help us further accelerate our plans and strengthen
our strategic initiatives.”
Donatella Versace, Chief Creative Officer of Versace, said, “I
am delighted Emmanuel has joined the Versace family; he has an
amazing background in luxury. As soon as I met him, I knew he was
the perfect partner to help us take Versace to even greater
heights.”
Emmanuel Gintzburger said, “I am thrilled to be joining Versace
as Chief Executive Officer. I have long admired the unparalleled
style and fearless narrative of the house. I look forward to having
the opportunity to partner with Donatella and the talented Versace
management team to accelerate growth and strengthen the position of
Versace as a leading fashion luxury house.”
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.
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 Holdings Limited (the
“Company”) 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. These forward-looking statements are
not guarantees of future financial performance. 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 include the effect of the COVID-19 pandemic and its
potential material and significant impact on the Company’s future
financial and operational results if retail stores are forced to
close again and the pandemic is prolonged, including that our
estimates could materially differ if the severity of the COVID-19
situation worsens, or if there are further supply chain
disruptions, including additional production delays and increased
costs, the length and severity of such outbreak across the globe
and the pace of recovery following the COVID-19 pandemic; levels of
cash flow and future availability of credit; compliance with
restrictive covenants under the Company’s credit agreement; the
Company’s ability to integrate successfully and to achieve
anticipated benefits of any acquisition and to successfully execute
our growth strategies; the risk of disruptions to the Company’s
businesses; risks associated with operating in international
markets (including the impact of the Russia-Ukraine conflict) and
our global sourcing activities; the risk of cybersecurity threats
and privacy or data security breaches; the negative effects of
events on the market price of the Company’s ordinary shares and its
operating results; significant transaction costs; unknown
liabilities; the risk of litigation and/or regulatory actions
related to the Company’s businesses; fluctuations in demand for the
Company’s products; levels of indebtedness (including the
indebtedness incurred in connection with acquisitions); the timing
and scope of future share buybacks, which may be made in open
market or privately negotiated transactions, and are subject to
market conditions, applicable legal requirements, trading
restrictions under the Company’s insider trading policy and other
relevant factors, and such share repurchases may be suspended or
discontinued at any time; the level of other investing activities
and uses of cash; changes in consumer traffic and retail trends;
loss of market share and industry competition; fluctuations in the
capital markets; fluctuations in interest and exchange rates; the
occurrence of unforeseen epidemics and pandemics, disasters or
catastrophes; political or economic instability in principal
markets; adverse outcomes in litigation; and general, local and
global economic, political, business and market conditions, as well
as those risks set forth in the Company’s filings with the U.S.
Securities and Exchange Commission, including the Company’s Annual
Report on Form 10-K for the fiscal year ended March 27, 2021 (File
No. 001-35368). Any forward-looking statement in this press release
speaks only as of the date made and the Company disclaims any
obligation to update or revise any forward-looking or other
statements contained herein other than in accordance with legal and
regulatory obligations.
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version on businesswire.com: https://www.businesswire.com/news/home/20220321005121/en/
Investor Relations: Jennifer Davis +1 (201) 514-8234
Jennifer.Davis@CapriHoldings.com
Media: Dinesh Kandiah +1 (917) 934-2427
Press@CapriHoldings.com
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