The funds will help support the people in the area, which has been hard hit by devastating floods.
They have supported a range of projects and initiatives with a cultural and social bent.
Over the years Tod’s has earmarked 1 percent of its net profit to activities to support the territory, especially projects geared at underprivileged families. which in 2010 was revealed as a 25-million-euro investment. The Della Valles have long made social sustainability a key responsibility for their company and through their own personal investments
Diego and Andrea Della Valle, chairman and vice chairman, respectively, of Tod’s SpA, in 2020 said they were waiving their salaries for the year and that the company would not distribute any dividends in light of the COVID-19 outbreak.
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