Plus, an increasing number of fashion brands are donating to COVID19relief efforts across the globe.
Capri Holdings Limited is a global luxury fashion group that owns Michael Kors, Versace, and Jimmy Choo – and this week, the company announced that it was donating $3 million toacross the brands. To break it down, the Michael Kors brand in New York is donating $1 million to local relief, and founder Michael Kors and Chairman and CEO of Capri Holdings Limited John D. Idol will personally contribute an additional $1 million.
“Our hearts and souls go out to those who are working on the front lines to help the world combat the COVID-19 pandemic,” said Idol in a release. “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 organizations dedicated to helping the community. 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.
Outside of the luxury fashion category, Levi Strauss & Co. has pledged to donate $3 million. This initial commitment of $3 million will assist at-risk communities around the globe, specifically preexisting community partners and supply chain workers. The company has also been easing the burden of stress with weekday Instagram Live concerts.
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