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EQUITY STATEMENT

We are deeply saddened by the alarming increase of inequality, violence, racism, and discrimination around the world. At Capri Holdings, we firmly believe that any act of violence or discrimination against one community is an assault on all humanity.

As a global community at Capri Holdings, we pledge to foster an environment where diversity, equity, and inclusion are not just valued but celebrated as cornerstones of our identity and success. Our commitment to creating a more equitable and inclusive world is unwavering, and we recognize the role we play in driving positive change within our industry and beyond. 

OUR COMMITMENTS:

  1. Continuous Learning and Development: We commit to fostering a culture of continuous learning and development. We will provide ongoing diversity, equity, and inclusion training for all employees, ensuring our teams are equipped with the knowledge and skills to create a truly inclusive environment.
  2. Employee Support and Advocacy: Through our Employee Resource Groups and mentorship programs, we pledge to provide a supportive network and advocate for underrepresented groups. We will foster personal and career development for all, ensuring a sense of belonging and community.
  3. Open and Empathetic Dialogue: We pledge to maintain open channels of communication and encourage empathetic dialogue. Through initiatives like our Safe Space Sessions and monthly D&I magazine, we will ensure that all voices are heard, respected, and considered in shaping our future.
  4. Inclusive Recruitment and Career Advancement: We promise to implement and maintain inclusive recruitment practices, striving to create a workforce that reflects the diversity of our global community. We will also provide equal opportunities for career advancement, ensuring that talent from all backgrounds can thrive and lead within our company.
  5. Transparency and Accountability: We commit to being transparent about our goals and progress in diversity, equity, and inclusion. We will hold ourselves accountable for continuous improvement, regularly assessing and adjusting our strategies to ensure they are effective and impactful.
  6. Global Responsibility: We understand our responsibility as a global entity and pledge to act as a force for good, contributing to a more just and equitable world. Through donations, partnerships, and advocacy, we will support efforts to combat injustice and promote equality beyond our company walls.

As members of Capri Holdings, we individually and collectively pledge to uphold these commitments, understanding that together, we have the power to be a force for good and create lasting change. If we all step up and take action, we can make a difference.

In response to recent challenges around the world, Capri has made impactful contributions, including donations to The Legal Defense Fund in recognition of Juneteenth and the International Committee of the Red Cross to aid those affected by the conflict in Israel and Gaza. Additionally, we've donated over €1 million in essential clothing for Ukrainian war refugees. The Capri Holdings Foundation for the Advancement of Diversity in Fashion, The Versace Foundation, and The Jimmy Choo Foundation, alongside Michael Kors’ philanthropic efforts with the UN World Food Programme and God’s Love We Deliver, underscore our unwavering dedication to fostering meaningful change within our communities.

WHO WE ARE

Diversity, equity, and inclusion are embedded in the DNA of each of Capri Holdings’ three luxury brands, Versace, Jimmy Choo, and Michael Kors. We foster an inclusive environment where employees and customers of diverse backgrounds are respected, valued, and celebrated. We are proud of our commitment to diversity, equality, inclusion, and anti-racism, and will continue to advance these principles through meaningful short- and long-term actions across the globe.

CAPRI CULTURE

Our commitment to diversity extends beyond representation. We are building an inclusive space where all employees have the opportunity to realize their full potential and excel.

CAPRI TALENT

Differences in ideas and experiences are what allow our company to thrive. We are attracting, advancing, and advocating for a workforce that reflects the diversity of the world around us.

CAPRI COMMUNITY

Through diversity and inclusion comes understanding and strength. Our responsibility to promote equality is not just to those who work with us, but also to our industry, the customers we serve and the communities around us.

OUR COMMITMENTS IN ACTION

We understand that actions speak louder than words when it comes to combating hate and promoting understanding. Our comprehensive initiatives are designed to educate, engage, and foster a culture of inclusivity and respect. Every effort is made to ensure that each member of our community feels valued and supported.

TRAININGS

We believe that education = acceptance. Our comprehensive DEI training program, including mandatory courses and specialized workshops, equips our workforce with the knowledge and skills to create an accepting and inclusive workplace. Each year we assess the topics currently offered, the topics our employees have shown interest in, and topics that are socially relevant (as it pertains to DEI) to continue expanding the learnings available. This spring we’ll be launching a new workshop focused on disability and accessibility awareness. 

Four-Part DEI Training (all employees)

  • Workplace Diversity, Inclusion and Sensitivity: Provides practical steps to help employees choose inclusive actions, improve cultural competency, and address unconscious biases. This course also emphasizes the role that civility and sensitivity play in promoting a respectful workplace.
  • Micro-Aggressions: Centers on the subtle or unintentional comments and actions which can negatively impact others in the workplace, giving guidance on responding to microaggressions in a constructive manner.
  • Unconscious Bias: Analyzes bias and the many ways it can affect the workplace, providing tools to help employees move past old habits and make more informed and inclusive decisions at work.
  • Gender Identity, Expression, and Inclusion: Designed to enhance awareness, understanding, and sensitivity, training modules cover topics such as the significance of gender pronouns, understanding diverse gender identities, creating an inclusive work environment, and effectively communicating with colleagues of all genders.

Retail Training

  • R3: Reducing Racial Bias in Retail: Focuses on how to effectively implement actions that mitigate racial bias from the shopper experience while fostering inclusive shopping experiences for all, regardless of their background

Executive Leadership Training

  • Inclusive Leadership: Designed to equip leaders at the director level and above with the essential skills needed to champion diversity, equity, and inclusion within their teams and the wider organization. 

EMPLOYEE RESOURCE GROUPS

Our ERGs provide a supportive network for underrepresented groups and allies, promoting personal and career development and ensuring every voice is heard and valued. ERGs serve as powerful forums where individuals can connect, share experiences, build community, and contribute to a culture that values and celebrates diversity. While ERGs aim to provide support for those who self-identify with a particular group, they are also a place where allies of that group can show and find support for their colleagues.

Over the last year, we have established several ERGs formed around historically underrepresented identities: PRIDE@Capri (LGBTQIA+ employees and allies), EmpowerHER@Capri (female employees), BOLD@Capri (Black Organizer, Leaders, and Doers), and APPLAUD@Capri (Asian Pacific Partners, Leaders, and Unified Doers), and most recently LatinosUnidos (Hispanic and Latinx) in North America. We have also launched our Parenthood@Capri (working parents) in EMEA. These groups provide a welcoming and inclusive environment that empowers our employees to be their authentic selves and contribute their best work.

SAFE SPACE SESSIONS

Our Safe Space Sessions are vital in promoting open, authentic, and empathetic dialogue. These regular sessions are designed to address a range of issues, providing a forum for our employees to express their thoughts, feelings, and experiences. By encouraging this open dialogue, we're fostering a culture of understanding and empathy, ultimately helping us navigate challenging moments together as a community during times of tragedy or impactful events.

  • Past session topics include the women’s movement in Iran, the recent conflict in Israel and Gaza, Antisemitism, and Islamophobia

SPEAKER SERIES

Our D&I Speaker Series is an integral part of our commitment to education and engagement. By bringing in diverse voices and perspectives, we foster a deeper understanding of the topics that matter to our employees, promoting dialogue and meaningful conversation that leads to real change. Past speakers who have joined us in conversation include:

  • Holocaust survivor Dr. Inge Auerbacher (Holocaust Remembrance Day)
  • Television journalist and anchor Juju Chang (Asian and Pacific Islander Heritage Month)
  • Minnijean Brown Trickey, American political figure and member of the Little Rock Nine, a group of nine African American teenagers who integrated Little Rock Central High School (Black History Month)
  • Sinead Burke, an academic and advocate for disability and design (Disability Employment Awareness Month)
  • Laurie Hernandez, American gold medalist gymnast, part of the “final five” Olympic gold medalist team (Hispanic and Latinx History Month)
  • Moj Mahdara, accomplished speaker, business figure, activist, and founder of The Iranian Diaspora Collective (Women’s Movement in Iran)
  • And many more!

CAPRI MENTORSHIP PROGRAM

With over 400 participants worldwide, the Capri Mentorship Program provides an opportunity for individuals from all walks of life to connect, share, and learn from one another. By empowering our employees to be mentors and mentees, we're cultivating a culture that values growth, collaboration, and mutual respect.

The program offers traditional mentoring (a seasoned professional mentors a more novice employee with for the purpose of sharing their knowledge, skills, and experiences) as well as reverse mentoring (a less experienced team member mentors someone more senior, exchanging ideas, experiences, and perspective). We are intentional with who we select to be in the program, ensuring that it provides an opportunity to promote inclusion, and encourages access, belonging and allyship.

THE CAPRI HOLDINGS FOUNDATION FOR THE ADVANCEMENT OF DIVERSITY IN FASHION

Through The Capri Holdings Foundation for the Advancement of Diversity in Fashion, we're making a tangible impact on the fashion industry, creating opportunities for underrepresented communities, and fostering a more inclusive and equitable future.

Established in 2021, the foundation is proud to have launched an expansive new scholarship program in partnership with the Fashion Institute of Technology (FIT), Howard University, Pensole Lewis College of Business and Design, and Central Saint Martins University of the Arts London. During the 2022 – 2023 school year the foundation oversaw its’ first group of scholarship students through their freshman year of college. In addition to scholarships, the program provides students with mentoring opportunities as they are paired with leaders across all brands and functions to provide both professional and personal development. Capri also host quarterly Speaker Series sessions for the scholars providing industry insights from Capri senior leadership.

Over the next several years, the foundation will fund scholarships for nearly 100 students from historically underrepresented communities, including the BIPOC (Black, Indigenous, and People of Color) community, who are pursuing degrees in fashion and merchandising across all four institutions.

INTERNAL COMMUNICATION

Our monthly D&I magazine is more than just a communication – it's a platform for education, celebration, and engagement. The magazine includes educational information and employee spotlights celebrating more than 100 global holidays and events, registration information upcoming, updates regarding current events, and additional diversity and inclusion topics and tips.

DIVERSITY RECRUITMENT

Our commitment to diversity is reflected in our approach to recruitment. We strive to create a workforce that mirrors the rich diversity of the global community we serve. In order to ensure we are upholding this vision, each of our executives are held accountable to the goal of building a more diverse workforce and fostering a culture of inclusivity. Additionally, all hiring managers are enrolled in mandatory interview training that places a strong focus on de-biasing the interview process.

Our efforts are focused on creating an environment that is representative of, and welcoming to, all people regardless of background, age, language, nationality, socioeconomic status, gender, religion, generation, culture, race, ethnicity and/or sexual orientation.

COUNCIL AND AMBASSADOR PROGRAM

Our DEI Council and Ambassador program was created to support and champion DEI initiatives at Capri. Council members are expected to drive the development /implementation of DEI initiatives, serve as a communication channel between the DEI /HR teams and the wider organization, and contribute to the ongoing development of DEI efforts by sharing insights, suggestions, and ideas. They represent the voice of our employees by actively seeking broader feedback and advising our senior leaders.

PARTNERSHIPS

Our partnerships reflect our unwavering commitment to creating a more inclusive world. By aligning with organizations that share our vision, we're amplifying our impact and working collaboratively to positively impact the communities around us. We are committed to establishing more partnerships and are currently open sourcing to establish these partnerships.

Partnerships include:

  • CEO Action for Diversity & Inclusion
  • Cristo Rey New York High School
  • BRAG
  • HIVE Diversity
  • Harlem Children’s Zone
  • Open to All
  • Parity.Org
  • Seramount
  • Legal Defense Fund
  • Very Asian
  • Sage Advocacy & Services for LGBTQ_ Elders
  • Afro Fashion
  • Pride in Fashion
  • Dress for Success
  • United Nations Global Compact
  • Scope Equality for Disabled People
  • Tilting the Lens

ANNUAL RACIAL JUSTICE DONATION

To further Capri’s stance against racism, we have committed to an annual donation dedicated to the advancement of racial equity in our communities. We will select an organization each year that supports BIPOC communities and fights for racial justice.

PARITYMODEL FOR PEOPLE OF COLOR

Capri Holdings partnered with Parity.Org to underwrite the ParityMODEL for People of Color earlier this year. This whitepaper is based on extensive research and in-depth insights from organizations that have succeeded in attracting, promoting, and retaining employees of color. The ParityMODEL is available for download HERE.

BRITISH FASHION COUNCIL DIVERSITY IN FASHION 2023 REPORT

Capri Holdings participated in the British Fashion Council’s 2023 Diversity in Fashion report. This report included data from more than 100 companies, and had detailed conversations with Chairs, CEOs and HRDs to assess how businesses are driving their DEI agendas. By submitting key data and participating in an interview, we were able to share key insights about Capri’s DEI commitments and programming.

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