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Capri Holdings Stand Against Racism

June 9, 2020

A Message from John D. Idol

On behalf of Capri Holdings Limited and our brands Versace, Jimmy Choo and Michael Kors, we continue to express our deep sadness over the unjust and tragic death of George Floyd and countless victims that have come before him. The systemic discrimination that has led us to this point is deplorable and untenable. Our heartfelt sympathies are with the families and communities that are grieving.

Our company does not condone racism, discrimination or violence of any kind. We stand in solidarity with the Black community to work towards ending racial prejudice, which has been an injustice for far too long.

As an organization and as individuals, we have an opportunity to positively impact the future. We are continuing to work diligently with our Global Diversity and Inclusion Council on initiatives to foster greater equality for our employees and the communities that we serve. Capri Holdings is committed to listening, learning and taking the necessary actions to support long-term positive change for the Black community.

Together with our brands, we are donating to the NAACP Legal Defense and Education Fund, America’s premier legal organization fighting for racial justice. Additionally, we intend to contribute to other social justice, legal and educational organizations to support diversity and inclusion in the future. We look forward to updating you on our progress.

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Investor Relations Contact

Jennifer Davis, VP of Investor Relations
+1 201 514 8234 | Email

 

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Neither Capri Holdings Limited nor its affiliates, subsidiaries, officers, directors or agents (collectively, "Capri" or the "Company") have any control over (a) the External Site or any linked websites accessible through any External Site, or (b) any data or other content contained, or accessible, therein or in or through any such linked websites. The link to the External Site is provided for convenience purposes only. The information and other content on the External Site is not meant to modify, qualify, supplement or amend information disclosed by or on behalf of the Company under corporate, securities or other legislation in any jurisdiction, and should not be used to make investment decisions involving the Company's securities.

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Please note the information presented is given as at the date and the time of its original release. Changes in such historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides non-GAAP financial measures. These amounts are not in accordance with, or an alternative to, GAAP. The Company uses non-GAAP financial measures to, among other things, evaluate its operating performance and in order to represent the manner in which the Company conducts and views its business. Please see the Company’s SEC filings for more information concerning the Company’s use of non-GAAP financial measures. 

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