Michael Kors Holdings adds to board

Luxury clothing and accessories company Michael

Kors Holdings has named two new board members, Ann McLaughlin Korologos and Jean Tomlin, expanding its board’s size to nine.

Korologos is a former US Secretary of Labor, with expertise in international markets and policy making, while Tomlin served as director of human resources for the London Organising Committee of the Olympic and Paralympic Games and previously worked at Marks and Spencer.

John Idol, the company's chairman and chief executive officer, said: "We are thrilled to have Ann and Jean join our board. Our board is now comprised of a majority of independent directors from diverse professional and personal backgrounds.

“We intend to leverage the broad spectrum of experiences on our Board to continue to build value for our shareholders."