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Are all the philanthropic and CSR budgets tapped out over COVID-19?

Ralph Lauren highlights its contributions during the Covid-19 crisis. Image credit: Ralph Lauren Ralph Lauren highlights its contributions during the COVID-19 crisis. Image credit: Ralph Lauren

 

COVID-19 is dominating philanthropic and corporate social responsibility (CSR) budgets this year, as luxury brands are left with less money to spend, allocating most of their charity resources towards entities responsible for research, causes and cures.