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, while contributing to our success in a meaningful way.
Differences in ideas and experiences allow our company to thrive. We are attracting, advancing, and advocating for a workforce that reflects the diversity of the world around us.
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.
Diversity and inclusion are key values of Capri Holdings and are critical to the success of our 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. These are not just words to us. They are beliefs and standards we hold ourselves to every day. We continue to take action to drive positive change within our own walls and beyond.
With strong commitments around diversity, it is important to hold ourselves accountable. For the second consecutive year, we are publicly sharing our global workforce demographic data. Here we offer a transparent look at where we are now, where we have made progress, and most importantly, where we need to improve. We recognize that we have more work to do and will continue to work toward our objective of driving diversity at all levels within Capri.
Differences in ideas and experiences allow our company to thrive. We are attracting, advancing, and advocating for a workforce that reflects the diversity of the world around us. Our employees are the heart and soul of all we do. Recruiting, developing, and retaining passionate, skilled, and diverse talent moves our company and its brands forward.
We have created learning and development opportunities to help all our employees reach their full potential and support one another along the way. These opportunities are designed for everyone from early-career employees to our most experienced professionals and have a special focus on making sure that promising employees from underrepresented groups get the chance to gain visibility and grow in their careers.
Mentorship Program Retail Leadership Development Program
In 2021, Capri announced the formation of The Capri Holdings Foundation for the Advancement of Diversity in Fashion. The company pledged $20 million to further the foundation’s mission of supporting diversity, inclusion, and equality throughout the fashion industry. Capri has long believed in the power of an inclusive workplace and remains committed to workforce diversity. The formation of the foundation enables us to expand our efforts to advance equality and promote long-term change in the fashion industry.
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.
Click here to learn more about our commitment to equity.
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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.