Capri Holdings Pledges Upwards Of $3 Million To Coronavirus Relief Efforts

The parent company of Versace, Jimmy Choo, and Michael Kors will split donations across the U.K., U.S., and Italy

Capri Holdings – the parent company of Versace, Jimmy Choo, and Michael Kors – joins the long list of fashion houses and luxury conglomerates helping to combat the coronavirus crisis. Yesterday, the group announced that together its three brands will donate over $3 million to support COVID-19 relief efforts, with a personal donation of $1 million by Capri Holdings’ founder Michael Kors and chairman and CEO John D. Idol.

“Our hearts and souls go out to those who are working on the front lines to help the world combat the COVID-19 pandemic,” explained John Idol. “We thank them for their remarkable dedication and courage and want to support them and the hospitals where they work. We also aim to strengthen organisations dedicated to helping the community.”

New York-based brand Michael Kors will divide its $2 million donation between a few recipients: NYU Langone Health medical centre and New York-Presbyterian Hospital, to support emergency patient care, mobilise clinical and diagnostic research, and alleviate the financial burdens of frontline staff; non-profit organisation God’s Love We Deliver, which delivers meals to the city’s most vulnerable individuals across five boroughs; and A Common Thread, the relief fund for small fashion businesses affected by the pandemic.

Following its earlier donation of $1 million to the Chinese Red Cross Foundation, Versace pledges an additional $500,000 towards relief efforts in Italy, as the virus continues to rage across the country. Milan’s San Raffaele Hospital will receive $400,000 towards the provision of critical aid for patients in the intensive care unit, and the rest will go to the Camera Nazionale Della Moda Italiana and its “Italia, we are with you” initiative, which funds ventilators and medical equipment for healthcare facilities in Italy.

Jimmy Choo, meanwhile, dedicates $500,000 to response efforts both in the United Kingdom and worldwide. Half of that sum will be donated to the NHS, and the other half to the WHO’s COVID-19 Solidarity Response Fund.

As Idol so eloquently put it, “This is clearly a time for people to come together in every way and on every level, because we are all stronger in our united resolve.”