LVMH Makes ‘Major’ Donation to French Hospital Charity

HEALTH CHAMPIONS: LVMH Moët Hennessy Louis Vuitton has made its most sizable charity donation to date as part of its efforts to combat the coronavirus pandemic. The luxury conglomerate has made a “major contribution” to La Fondation Hôpitaux de Paris — Hôpitaux de France (FHP-HF), the French charity said on its Instagram account on Thursday. A spokesman for LVMH confirmed there was a donation, but declined to provide additional details. A source familiar with the group said the amount was “several tens of millions of euros” and would benefit 52 hospitals in France and its overseas territories supported by FHP-HF, which is headed by French First Lady Brigitte Macron. “Thank you very much to the LVMH group for its major contribution to this decisive phase in our support towards hospitals,” the FHP-HF post said. An Instagram post by the Fondation Hôpitaux de Paris — Hôpitaux de France thanking LVMH.  La Fondation Hôpitaux de Paris — Hôpitaux de France Founded in 1989, the charity funds more than 15,400 projects in French hospitals. Earlier this week, it received a donation of 1 million euros from Mayhoola, the parent company of Balmain, Valentino and Pal Zileri. LVMH in late January pledged 16 million renminbi, or $2.3 million at the time,

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