Capri Holdings, the parent company of iconic luxury fashion brands such as Versace, has recently announced an exciting new initiative in honor of Pride Month 2022. The company has established the Versace Foundation, a philanthropic organization aimed at promoting and raising awareness for the LGBTQIA+ community.
As part of this initiative, Capri Holdings has committed a staggering $10 million to support various programs and activities intended to uplift and empower the LGBTQIA+ community. This significant investment reflects the company’s unwavering commitment to inclusivity and its dedication to making a positive impact on the lives of LGBTQIA+ individuals.
The Versace Foundation will work alongside reputable philanthropic organizations and community groups to ensure the preservation of LGBTQIA+ history and culture. Additionally, the foundation will actively strive to promote equality, wellness, and safety for all members of the LGBTQIA+ community.
Donatella Versace, the brand creative chief of Versace, expressed her immense pride in the brand’s longstanding reputation for inclusivity. She firmly believes that through the establishment of the Versace Foundation, they will be able to further their pursuit of equality, wellness, and safety for the LGBTQIA+ community. The foundation will serve as an essential platform for Versace to continue its support as an ally for LGBTQIA+ individuals.
Capri CEO, John D Idol, emphasized the importance of acceptance, love, and the ability to freely express one’s true self. With the establishment of the Versace Foundation, Capri Holdings aims to advance its mission of promoting LGBTQIA+ equality and supporting the well-being and safety of LGBTQIA+ individuals.
This exemplary philanthropic effort by Capri Holdings serves as a testimony to the brand’s unwavering commitment to social responsibility. The company recognizes the significance of diversity and inclusivity in today’s society and is dedicated to actively contributing to a more inclusive and accepting world for all.
In conclusion, the creation of the Versace Foundation by Capri Holdings exemplifies an outstanding commitment to philanthropy and social responsibility. By pledging a substantial sum of $10 million, Capri Holdings aims to support programs and activities that benefit the LGBTQIA+ community. The foundation will serve as a crucial platform for preserving LGBTQIA+ history and culture, as well as promoting equality, wellness, and safety for all individuals. Through their support for the Versace Foundation, Capri Holdings aims to create a lasting and positive impact on the lives of LGBTQIA+ individuals.
For more information on the Versace Foundation and how to get involved, please visit their official website: https://www.versacefoundation.org. Additionally, if you are interested in learning more about Capri Holdings and their commitment to social responsibility, please visit: https://www.capriholdings.com.
