Birkin bag maker Hermes donates more than S$30m to Paris hospitals
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Birkin bag maker Hermes donates more S$30m to Paris hospitals
In addition to the donation, the French luxury giant has too produced over 30 tonnes of manus sanitisers and 31,000 masks to battle the coronavirus outbreak.
Hermes Epsom Birkin. (Photo: Bonhams)
Hermes is lending its weight to COVID-19 relief efforts. The French powerhouse said that it would donate €20 one thousand thousand (S$31.two one thousand thousand) to public hospitals in Paris to fight the outbreak.
In addition to the donation, Hermes's perfume factory in Vaudreuil, France, has produced over 30 tonnes of mitt sanitisers. The group has also donated 31,000 masks, Hermes revealed. These actions are over and above the local support already provided to health services past its subsidiaries worldwide, the grouping said in a argument.
READ> COVID-xix: Bvlgari is the latest luxury make to start making hand sanitisers
According to the Financial Times, Hermes was the most profitable luxury manner make in 2022 with a profit margin of 34.8 per cent. Hermes said that its financial position will enable the grouping to cope with the impact of the unprecedented health crisis.
With "sufficient cash reserves available" and "truthful to its humanist civilisation and its commitments as a responsible employer", the Hermes Group volition maintain the bones salary of its 15,500 employees worldwide without having to resort to any additional government support provided past various countries, notably in France.
France is the fourth hardest coronavirus-striking European state after Spain, Italy and Germany. As of April 6, there are a total of 82,165 confirmed cases, with 8,078 deaths in the country.
READ> Global manner and luxury sales to drop past more than S$600 billion because of virus
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Source: https://cnalifestyle.channelnewsasia.com/obsessions/hermes-donates-to-paris-hospitals-coronavirus-233881
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