CHANEL Responsible Solidarity / Statement

Following the decision taken by CHANEL in France not to use the redundancy fund, CHANEL SRL, the Italian branch of CHANEL, as well as the Italian industrial companies and distribution and coordination centers of CHANEL have adopted the same decision in the face of the economic and health crisis without precedents that hit the country.

Over the decades, CHANEL has created a close link with Italy, collaborating with the best leather goods manufacturers, tanners and craftsmen. For this reason, it seemed natural to commit to support those who need it most today, in a country seriously affected by the coronavirus epidemic. In fact, this decision aims not to burden public finances, so that the Italian state can prioritize aid for the most vulnerable companies and, of course, can concentrate its resources on the health system, on nursing staff and on rescue organizations. With a responsible and civic approach, these companies are also committed to keeping the wages of their 1,100 employees 100% until the end of April. In the spirit of a mutual effort to prepare for the end of the crisis and to maintain wages, fully supported by these companies during this period, collaborators were asked to participate in this solidarity initiative.

In the spirit of a mutual effort, to prepare for the end of the crisis and to maintain wages, collaborators were asked to participate in the solidarity initiative using a few days of vacation.

In addition, to contribute to national solidarity efforts, the Italian branch of CHANEL will make several donations addressed to:

• Italian Civil Protection at the forefront of the whole territory;

• Sacco hospital in Milan, specialized in research and study of infectious diseases;

• Papa Giovanni XXIII Hospital in Bergamo, where doctors and hospital staff assist numerous patients every day.

For their part, the Roveda Company and the Vittuone Distribution Center will make a donation to the hospitals and emergency rooms located nearby, to improve the working conditions of the health personnel who are on the front line, since the beginning of the ‘epidemic. Vittuone also provided IT equipment to patients hospitalized in local facilities and in isolation, to allow them to stay in touch with their families. The donations that CHANEL will make to hospitals, first aid facilities and Civil Protection in Italy amount to a total of € 1.3 million.

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