Despite being severely impacted by the coronavirus outbreak, many of the world’s biggest retailers are stepping up to help those most in need.
LVMH, Amazon, Walmart, and Inditex are among the industry leaders that are making donations or creating products to help fight the pandemic.
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Parts of the retail sector globally are being battered by the coronavirus pandemic as many companies are forced to shutter stores and take a hit on sales, but despite this, some are still doing their bit to support those most in need.
LVMH, Amazon, Walmart, Inditex, and H&M are among the world’s biggest retail companies to be making donations, supporting local communities, or creating products for healthcare and hospital workers to support the fight against coronavirus.
The list below is by no means exhaustive but looks at what some of the biggest retailers are doing to help right now:
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LVMH is ordering face masks in from China and using its perfume factories to make hand sanitizer
The world’s largest luxury conglomerate has been doing its part to support the world during the coronavirus pandemic.
In January, the company donated 16 million renminbi ($2.2 million) to The Red Cross Society of China. Two months later, in March, as the virus had spread through Europe and supplies came under pressure, LVMH announced that it would start making alcohol-free hand sanitizer in its factories, which were normally used to manufacture its perfumes. The hand sanitizer would then be sent to French health authorities free of charge, it said.
Over the weekend, the company pledged to address the shortage of surgical masks in France by ordering millions of masks from China to give to the French health service.
The company said it would handle the logistics and distribution of bringing some 40 million masks into France over the next four weeks, and cover the costs of the first 10 million masks.
Zara’s parent company is investigating using its factories to create gowns for Spanish hospitals
Inditex, the world’s largest fashion retailer that is best known for its Zara brand, recently said it was looking at how it could switch manufacturing at its textile factories to create hospital gowns.
The company has also offered up its logistics and supplier network to the Spanish government …read more
Source:: Business Insider