Ralph Lauren Pledges $10 Million to Help Fight Coronavirus
Ralph Lauren has pledged $10 million in support of the fight against coronavirus. Made via the Ralph Lauren Corporate Foundation, the donation will go towards the company's employees in need, as well as global communities impacted by the pandemic.
Lauren, along with the Foundation's president Patrice Louvet, announced the pledge to WWD. "We believe that no matter who you are or where you are from, we are all connected. That is why we are taking significant action to help our teams and communities through this crisis,” Lauren said.
“We recognize that this is an unprecedented multifaceted crisis that demands different responses for different needs in different places,” Louvet continued. "That is why we are funding multiple activities to support our teams, our partners and our communities around the world."
Specifically, the $10 million will go towards several programs, from financial grants for Ralph Lauren employees to the World Health Organization's Covid-19 Fund. In addition, Lauren has committed to producing medical equipment, such as 25,000 isolation gowns and 250,000 masks.
Elsewhere, the company announced that it will be closing stores and hospitality locations in select countries until further notice. "The wellbeing of our teams, friends, and family around the world is what matters most right now." Check the announcement below.