Company Directory - Capri Holdings
Company Details - Capri Holdings
Capri Holdings
WebsiteCapri Holdings is a global fashion luxury group known for its diverse portfolio of iconic brands including Michael Kors, Jimmy Choo, and Versace. The company specializes in high-end lifestyle products, ranging from apparel and accessories to footwear, catering to luxury consumers worldwide.
CCI Score
CCI Score: Capri Holdings
-24.13
0.01%
Latest Event
Capri Holdings Political Finance Profile
The OpenSecrets profile indicates that Capri Holdings contributed $215,650 in the 2024 election cycle, with no spending on lobbying or outside expenditures. The data provides a factual account of the company’s political finance activity.
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ACCOMPLICE
Capri Holdings is currently rated as an Accomplice.
Latest Events
- FEB062025
The OpenSecrets profile indicates that Capri Holdings contributed $215,650 in the 2024 election cycle, with no spending on lobbying or outside expenditures. The data provides a factual account of the company’s political finance activity.
+10
Political Contributions and Lobbying Efforts
April 10
Capri Holdings reported a contribution of $215,650 during the 2024 cycle with zero lobbying spending. This suggests a low level of direct political maneuvering that might otherwise support authoritarian agendas. While the data does not show proactive anti-fascist measures, it also does not indicate alignment with far‐right or oppressive political interests, resulting in a mildly positive assessment.
- JAN012025
Capri Holdings did not provide a response regarding its commitment to apply a single global standard in alignment with the Uyghur Forced Labor Prevention Act, as reported by the Business & Human Rights Resource Centre. This non-response raises concerns over the company's accountability on labor rights issues.
-50
Labor Relations and Human Rights Practices
April 10
The company's failure to respond to inquiries about adopting a global standard under the Uyghur Forced Labor Prevention Act reflects a lack of accountability and transparency regarding labor rights. Such inaction can be interpreted as neglecting the human rights and ethical labor practices commitments expected from a global luxury brand, signaling a negative stance from an anti-authoritarian perspective.
Capri Holdings did not respond - Business & Human Rights Resource Centre
- JAN012025
The OpenSecrets profile reveals that Capri Holdings engages lobbyists, including former White House and Congressional staffers, to influence U.S. policy. This activity reflects the company's active use of political channels to advance its interests, a practice that raises concerns over its potential to undermine democratic processes and worker rights.
-40
Political Contributions and Lobbying Efforts
April 10
The profile highlights that Capri Holdings directs funds toward lobbying efforts by engaging public relations firms that employ former government staffers, a move that suggests the company is leveraging political contributions to influence policy in ways that may favor corporate interests over public accountability.
-40
Executive Political Engagement
April 10
The use of former high-level government officials in lobbying roles by Capri Holdings indicates executive political engagement aimed at leveraging political influence. This practice can contribute to undemocratic power dynamics and corporate influence over policy making, which is concerning from an anti-fascist perspective.
- OCT242024
On October 24, 2024, the Federal Trade Commission blocked the proposed $8.5 billion merger between Tapestry and Capri Holdings, citing concerns over reduced competition, potential harms to consumer pricing and employee wages, and the deep competitive focus between the brands as revealed by internal documents.
-70
Business Practices and Ethical Responsibility
April 10
The attempted merger would have consolidated market power and reduced competitive pressures, potentially leading to adverse effects on consumer pricing and worker benefits. Such anti-competitive practices risk undermining ethical business standards and fair labor practices, which is concerning from an anti-authoritarian perspective.
-80
Economic and Structural Influence
April 10
The merger would have increased economic concentration and structural power in the luxury fashion market, potentially discouraging competition and enabling corporate practices that could contribute to authoritarian economic influence. The FTC's block preserves a more competitive market landscape.
- MAY222024
Capri Holdings released a comprehensive supply chain disclosure detailing its robust compliance program to combat modern slavery and enforce ethical labor practices. The statement outlines stringent supplier codes, regular audits, and training initiatives aimed at protecting workers and mitigating forced labor risks.
+60
Labor Relations and Human Rights Practices
April 10
The disclosure highlights strong commitments to labor rights and human rights practices, including comprehensive employee and supplier codes, robust grievance mechanisms, and mandatory training programs. These measures support fair labor practices and worker protection, contributing positively from an anti-authoritarian and progressive perspective.
+70
Supply Chain Ethics
April 10
The detailed supply chain disclosure evidences Capri Holdings’ proactive approach to ensuring ethical sourcing and minimizing risks of forced or child labor. Regular third‐party audits, a multi-tier supplier compliance program, and clear remediation measures exemplify a commitment to transparency and responsible supply chain ethics.
- JAN012023
Capri Holdings has been flagged by the Business & Human Rights Resource Centre for concerns related to forced labour risks in its global supply chains. The site references benchmark assessments—including the 2019 Corporate Human Rights Benchmark and KnowTheChain Apparel & Footwear evaluations from 2021 and 2023—and notes that the company has been approached for a response through its Company Response Mechanism.
-70
Supply Chain Ethics
April 10
The reported benchmarks and associated concerns point to significant forced labour risks in Capri Holdings' supply chains. This highlights potential shortcomings in supply chain ethics and human rights practices, suggesting inadequate measures to prevent or mitigate forced labour, which is a red flag from an ethical responsibility perspective.
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Corporate Financials
- Revenue
- 2025
- $5.00B
Industries
- 448110
- Clothing Stores
- 448120
- Shoe Stores
- 448190
- Other Clothing Stores
- 424320
- Men's and Boys' Clothing and Furnishings Merchant Wholesalers