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COMMUNITY

COMMITMENTS

Through diversity and inclusion comes understanding and strength. Our responsibility to promote equality is not just to those who work with us, but to our industry, the customers we serve and the communities around us. Our established partnerships with organizations focused on racial and social equity initiatives help us to deliver on our commitment to the greater Capri community. In 2022, Capri signed the Black in Fashion Council’s pledge to raise the percentage of Black employees in executive- and junior-level positions within our organization – a commitment which squarely aligns with our own mission of driving diversity throughout Capri.

As leading U.S. retailers, Capri is also proud to announce that we have signed the Open to All Mitigate Racial Bias in Retail Charter. In signing this Charter, our company has collectively committed to implementing strategies to help reduce racial bias in the retail environment and improve the shopping experience for all.

Our company and its brands have entered into partnerships with and committed to a wide array of additional organizations and pledges, including the CEO Action for Diversity & Inclusion, Cristo Rey, Open to All and Pride in Fashion. These organizations, institutions and initiatives are key to harnessing the power of the collective, and we will continue to seek out and commit to diverse community partnerships in the future.

LGBTQIA+ SUPPORT

Capri supports the pursuit of LGBTQIA+ equality inside and outside of the workplace. In 2020 and 2021, our brands created products and capsule collections to celebrate Pride, a time for recalling the trials the LGBTQIA+ community has endured and for rejoicing in the triumphs of those who continue to fight for full equality. The Michael Kors Pride 2021 capsule featured a gender-neutral t-shirt in support of leading human rights organization OutRight International. OutRight works at the international, regional, and national levels to research, document, defend and advance human rights for LGBTQIA+ people around the world, and is the only LGBTQIA+ organization with a permanent presence at the United Nations Headquarters in New York. The brand also teamed up with New York City-based magazine PAPER for a digitally-led campaign starring four queer TikTok creators wearing pieces from the capsule.

Jimmy Choo launched an inclusively sized, gender fluid capsule collection in collaboration with multi award-winning actor, singer, and activist Billy Porter in celebration of Pride 2021. The Jimmy Choo x Billy Porter collection champions inclusivity with extended sizing, and supports the Trevor Project, the world’s largest suicide prevention and crisis intervention organization for LGBTQIA+ young people. The Jimmy Choo brand also made a donation of $100,000 to the Trever Project.

Versace joined Lady Gaga to celebrate Pride 2021 by auctioning a replica of the iconic Versace leather jacket worn by the singer, and by creating a gender-neutral t-shirt and beret in celebration of the brand’s continued allyship with the LGBTQIA+ community. Sales from the auction and capsule supported the Born This Way Foundation, a nonprofit organization committed to empowering and supporting the wellness of young people.

WOMEN’S EMPOWERMENT

Our brands are committed to taking bold steps to advance gender equality and empower women across the globe. Coinciding with the release of our 2020 report, Capri advanced its longstanding commitment to women’s rights and human rights by endorsing the UN Women’s Empowerment Principles. In June 2020, Capri joined a group of leading companies in signing an amicus brief in support of the adoption of the Equal Rights Amendment (ERA). Almost a century after its initial introduction, the ERA is still needed to guarantee equal rights for women under the United States Constitution.

In recognition of International Women’s Day in March 2021, Versace, Jimmy Choo, and Michael Kors partnered with the Fashion Makes Change campaign to support the empowerment and education of women in the fashion supply chain. Additionally, Versace expanded its 2021 International Women’s Day activation by driving awareness of and funds for the Women’s Center for Creative Work, a Los Angeles based organization dedicated to prioritizing and elevating the work of women of color, queer, trans, non-binary and artists in other marginalized communities. Announced in 2020, the Jimmy Choo Foundation formed an ongoing global partnership with Women for Women International, a nonprofit humanitarian organization whose work helps provide skills, knowledge, and resources to create sustainable change for women in need. Over $100,000 was raised by Jimmy Choo for Women for Women International through an internal sale in October 2020, and all profits from the Choo Sketch capsule collection were also donated to the organization.

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Investor Relations Contact

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