MICHAEL KORS MAKES $35 MILLION PRODUCT DONATION TO DELIVERING GOOD

Michael Kors said on Monday that it has made a $35 million product donation to the New York-based non-profit organization Delivering Good. The donation benefits individuals impacted by poverty and disasters through the organization’s network of more than 700 community partners across the country.

Michael Kors product will be donated and distributed to non-profits within Delivering Good’s network of local agencies serving hard-hit markets throughout the U.S. including New York City, Pennsylvania, Nevada, Los Angeles, Texas, and Orlando.

“I’ve always believed that long-lasting change needs to happen at both the local and national levels,” said Michael Kors, chief creative officer. “With Delivering Good, we’re able to donate our product and know that it will be provided to the local communities and organizations throughout the country that need it most. If we have learned anything during these trying times, it’s that when you are able to help, you should.”

“Philanthropy has long been a core value of the Michael Kors brand, with the ongoing support of various organizations that provide relief to communities in need, both globally and locally,” mentioned John D. Idol, chairman and chief executive officer of Capri Holdings, the parent company of Michael Kors. “Our significant product donation to Delivering Good follows other donations made by our company to support a range of relief efforts, and continues our commitment to offering support to those who need it most.”

“The donation of Michael Kors product will provide hope, dignity, and self-esteem to families and individuals facing the financial challenges that come in a crisis,” added Lisa Gurwitch, president and chief executive officer of Delivering Good. “Our community partners will be distributing the merchandise to people in need as they also provide services for more stable living environments.”