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Capri Holdings Foundation places a scholarship program – WWD

Capri Holdings Foundation for the Development of Diversity in Fashion, founded in february by Capri Holdings Ltd., has unveiled an extensive scholarship program in partnership with Fashion Institute of Technology, Howard University, Pensole Academy and Central Saint Martins – University of the Arts London.

Over the next four years, the foundation will fund scholarships for nearly 100 students from historically underrepresented and racially diverse communities who are pursuing degrees in fashion and merchandising at institutions. this.

The initiative is part of Capri’s $20 million commitment to promote equality and drive lasting change in the fashion industry. During the cooperation period of many years, in addition to covering tuition fees, accommodation and living expenses, the scholarship will finance internship-related expenses for students to practice in the fashion industry.

Capri, with its Michael Kors, Jimmy Choo and Versace brands, said it is committed to increasing the diversity of its workforce by working collaboratively with colleges and high schools to create opportunities in the field. fashion for individuals from a variety of backgrounds. Through the development of recruiting, mentoring and scholarship programs on campus, the foundation aspires to position the next generation of talent and prepare students for careers in the fashion industry.

John D. Idol, president and CEO of Capri Holdings. “These scholarships are not only designed to ease the financial pressures of students, but are part of a larger effort to help remove systemic barriers and increase opportunities for diverse students. about race and ethnicity in the fashion industry.”

Joyce F. Brown, president of FIT, praising the “power of education and the opportunities for growth and career advancement as a changing life cycle transforms lives” of underrepresented youth. “We are extremely grateful to Capri for the recognition FITfocus on these issues and their generous support. “

Phylicia Rashad, dean of the Chadwick A. Boseman School of Fine Arts at Howard University in Washington, DC, thanked Capri for the opportunity currently available to Howard University students.

“The Fashion Design Program was launched in the fall of 2011 with the goal of preparing the next generation of artist-scholars and designers for careers in fashion design and related disciplines. While our interdisciplinary program focuses specifically on the critical elements of forecasting, manufacturing, evaluating, branding, and sustainability of textiles, apparel and home furnishings in the marketplace. In a global arena, we are committed to cultivating socially conscious leaders who can clearly present their ideas and compete locally, nationally and globally. Without a doubt, our partners are essential in our efforts to meet the needs of our students as well as the needs of the industry,” said Rashad.

“I am truly humbled that the Capri Holdings Foundation believes in our vision to diversify the industry by making it,” said D’Wayne Edwards, founder of Pensole Academy in Portland, Ore. more accessible to people who may never have imagined that they could pursue design as a career. This partnership will inspire thousands of consumers to become creators and will lead to future leaders who will redefine our industry. ”

Jeremy Till, head of Central Saint Martins and Pro-Vice Chancellor of the University of the Arts London. “The support will open doors to talented students from diverse backgrounds who may not be able to fully participate in a fashion education. This generous gift from the Capri Holdings Foundation will sustain and engage students throughout their studies, and I look forward to seeing how these promising individuals develop during their time at Central. Saint Martins and more. ”

FOR MORE STORY:

Capri Holdings establishes Fund to promote diversity in fashion

NSoshua Schulman Named CEO of Michael Kors Brands, Will succeed John Idol in September 2022 as CEO of Capri Holdings

Capri Holdings raises outlook as earnings top estimate

When it comes to diversity in fashion, there’s a lot of work to be done

https://wwd.com/business-news/human-resources/capri-holdings-foundation-scholarship-program-1235012161/ Capri Holdings Foundation places a scholarship program – WWD

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