Article: KORS CONCLUDES IDOL CHATTER.(John D. Idol was named ceo of Michael Kors (USA) Inc.)

NEW YORK -- One of the fashion industry's worst-kept secrets was finally confirmed Thursday when John D. Idol, chairman and chief executive officer of Kasper A.S.L., was named ceo of Michael Kors (USA) Inc., effective Dec. 2.

Idol will become a partner in the firm along with Silas Chou, Michael Kors and Lawrence Stroll. He will oversee day-to-day operations and will be responsible for the substantial growth planned for Michael Kors Collection and the soon-to-be-launched Michael Michael Kors brand.

"At this point in my career, I wanted to be involved with a brand that has the exponential opportunity to grow," said Idol in an interview Thursday at Kors ...

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