Capri Holdings Limited

Versace, Michael Kors, Jimmy Choo
New York
Consumer Durables and Apparel

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Capri Holdings scored an 85 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Capri Holdings increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Capri Holdings forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. Capri implements D&I training for its employees and its CEO signed the CEO Action for Diversity and Inclusion pledge. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Capri Holdings supports the Equality Act and has signed the HRC’s Business Statement on anti-LGBTQ Legislation. The company signed onto its "Open to All Mitigate Racial Bias in Retail Charter". Capri Holdings has partnered with The Trevor Project and Pride in Fashion in support of LGBTQ causes. The company pledged $10 million toward The Versace Foundation, which promotes LGBTQIA+ causes. For these reasons, Capri Holdings receives a High Risk rating.

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