KORS TAPS LAFAY FOR ASIA: Stéphane Lafay will join Michael Kors as president of Asia, a new post. Lafay’s appointment is effective July 28, and he will report to John D. Idol, chairman and ceo of Michael Kors Holdings Ltd.

“This is a pivotal moment for the brand as we continue to invest and work to build a strategic road map for the Asia region,” said Idol. “Stéphane has a long history of building luxury businesses in Asia. His skills and experience will be a tremendous asset for us going forward.”

This story first appeared in the June 30, 2014 issue of WWD. Subscribe Today.

Most recently, Lafay was with Tiffany & Co. for five years, where he was senior vice president, Asia-Pacific and Japan.

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