The Versace Foundation enables us to further our pursuit of LGBTQIA+ equity, wellness and safety, as well as to continue to be an ally for the LGBTQIA+ community,” said Capri Holdings’ chairman and chief executive officer John D. “We all have a right to be accepted, to be loved and to be our most authentic selves. Although specific projects have not been disclosed yet, the foundation is set to engage with philanthropic organizations and community groups to support the preservation of LGBTQ history and culture, in addition to promoting the advancement of equality, wellness and safety for the LGBTQ community. Versace’s parent company has also pledged $10 million to sustain the newly created foundation’s activities.
