Della Valles Donate 5M Euros to Families of Health Personnel Killed by COVID-19

MORE HELP FROM THE DELLA VALLES: The Della Valle family has allocated 5 million euros to support the family members of health personnel who lost their lives in the fight against the coronavirus. “Their selflessness and courage will forever be an example to all of us,” said the Della Valles in a statement. The donation was made also on behalf of the employees of Tod’s Group, which comprises the Tod’s, Hogan, Fay and Roger Vivier brands.  The administration of the fund, called “Sempre con Voi [Always With You]” will be entrusted to the Civil Protection, “which we thank for the immense work it does every day in the fight against the virus.” As reported last week, brothers Diego and Andrea Della Valle, chairman and vice chairman, respectively, of Tod’s SpA revealed they are waiving their remunerations for the year 2020 and the company will not distribute any dividends in light of the progressive worsening globally of the coronavirus outbreak.  According to an online document on the Tod’s site, in 2019 Diego Della Valle’s salary amounted to around 1.8 million euros, while that of his brother totaled around 1.3 million euros. The Della Valle family is the main shareholder in the group, controlling a 71

Follow WWD on Twitter or become a fan on Facebook.

from WWDWWD https://ift.tt/2Xdd7mJ