A new scholarship program has been announced by the Capri Holdings Foundation for the Advancement of Diversity in Fashion.

The foundation will partner with the Fashion Institute of Technology and Howard University, Pensole Academy, Central Saint Martins University of the Arts London, Pensole Academy, and Pensole Academy for the program.

Scholarships will be awarded to approximately 100 students from underrepresented groups, including those in the BIPOC community. The program is for students who are interested in fashion and merchandise at one of the partnered universities.

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Capri Holdings Limited established the foundation earlier in the year. It will pay tuition, room and board, as well as any internship-related expenses. Students will have more options when it comes time to gain work experience in fashion.

John D. Idol is the chairman and chief executive of Capri Holdings. He stated that “our brands are deeply committed helping students from all backgrounds have greater educational chances and real-world experience.” These scholarships are not only intended to alleviate students’ financial pressures but also part of a wider effort to remove systemic roadblocks and increase opportunities to racially or ethnically diverse students in the fashion industry.

Capri Holdings pledged 20 million dollars in order to promote equality and long-term changes within the fashion industry. The company supports colleges and high schools to create opportunities for people of diverse backgrounds. It hopes to “position” the next generation of talent.

D’Wayne Edwards founder of Pensole Academy said, “I am truly humbled by Capri Holdings Foundation believing in our vision to diversify this industry by making it more accessible for people who may never have imagined that they can pursue design as their career,” “This partnership will inspire thousands to be creators and will produce future leaders that will revolutionize our industry.”

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