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Corrected: UPDATE 1-Capri Holdings names Estee Lauder senior executive Justin Boxford new CEO

CORRECTED-UPDATE 1-Capri Holdings names Estee Lauder senior executive Justin Boxford new CEO

Corrects to say Boxford "most recently served as" the global president of Estee Lauder's luxury beauty brands, instead of "is currently", in paragraph 2; fixes spelling error in Estee Lauder in the same paragraph

- Michael Kors parent Capri CPRI.N on Wednesday named Justin Boxford to replace company veteran John Idol as CEO, effective January 4.

Boxford most recently served as the global president of Estee Lauder's luxury beauty brands.

Idol has been at the helm of the company since December 2003.


(Reporting by Koyena Das in Bengaluru; Editing by Joyjeet Das)

((koyena.das@thomsonreuters.com))

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