Burberry’s Good
Will
BURBERRY chief executive officer Angela Ahrendts raised
£574,000 for charity after donating 50,000 of her shares in the luxury label to
the Ahrendts-Couch Foundation - a non-profit charitable company, which Ahrendts
is director but not a beneficiary.
The trust sold the each share for 11.48
last Thursday, the results of which were then released in a statement to the
London Stock Exchange on Friday.
Burberry isn't the only label getting
into the Christmas spirit of giving - Gucci has
donated $1.15 million (£735,907) to the UNICEF Schools for Africa initiative,
which aims to improve the level of education in Africa.
"Ever since we first worked with
UNICEF in 2005, it has been inspiring to lead this partnership and ensure its
growth over the years," said Gucci creative director Frida Giannini.
"Now, we are proud to extend Gucci's commitment to UNICEF by making a
further $1.15 million contribution to the many children they serve.
"When I visited Malawi in November
2009, I saw the difficult situation children face in sub-Saharan Africa where
every third child doesn't get the chance to go to school. I saw that UNICEF's
Schools for Africa initiative is successfully giving more children access to a
good education, providing a start in life that so many of us take for granted.
Through our commitment, we hope to help these children who may otherwise not
have the chance to go to school."
Source: VOGUE - ELLA ALEXANDER 20 December 2011
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