11/06/12 - 0 Comments
Fashion tycoon Ralph Lauren donates $2 million to Hurricane Sandy relief efforts
Bronx-born fashion designer, Ralph Lauren has pledged his support at relieving the devastation that has swept the East Coast of the United States due to the post-tropical cyclone, Hurricane Sandy.
In a statement Lauren said, “I’m a born and bred New Yorker. I raised my family here and started my business here. The Tri-State area is home to thousands of our employees and our customers and we have a special and personal relationship with the affected areas.”
Best known for his Polo Ralph Lauren clothing brand, the 73-year old fashion mogul, has donated an impressive $2m to the funds aimed at supporting the relief and rebuilding efforts in New Jersey, Connecticut, Long Island and Westchester County.
Lauren commented on the goal of the donation saying, “We want to support the selfless work of so many agencies, professionals and volunteers and hope that these donations will make it easier for our cities to rebuild and recover.”
The charitable contribution is comprised of £1m from the Ralph Lauren Corporation, of which Lauren himself is CEO and chairman, as well as £1m from the Ralph and Ricky Lauren Family Foundation.
The $2m donation will be split between the Mayor’s Fund to Advance New York City, the American Red Cross Disaster Relief Fund, the Robin Hood Relief Fund and other local organizations.
With news that a second storm is set to hit New York and New Jersey this week, whilst tens of thousands of residents remain homeless, this donation could certainly not have come at a better time.
Photo Credit: www.forbes.com