Luxury shoe brand Jimmy Choo names Hannah Colman as its new CEO

Jimmy Choo's parent company, Capri Holdings, has chosen Hannah Colman, who has worked for the retailer for 24 years, as its new CEO.
Since Pierre Denis left in May as CEO of American beauty company Coty (Coty), Coleman has been acting CEO. Colman worked as a store manager for a luxury footwear brand in Belgravia, London in 1996, before leading the company's operations in Europe, the Middle East and Africa, and then becoming the head of global e-commerce.
Capri Holdings, which also owns Michael Cors and Italian fashion brand Versace, praised Colman's "unparalleled knowledge and understanding" of the brand. The company’s chairman, John Idol, spoke of her “outstanding” leadership during the pandemic.
Like many other luxury fashion brands, Jimmy Choo reported a decline in sales during the pandemic. In the three months ended June 27, its revenue was US$51 million, down 67.7% from the same period last year, and its operating loss was US$29 million.

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