THE RETAIL BULLETIN - The home of retail news
HOME
VIRTUAL EVENTS
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT
CONTACT
SUBSCRIBE FOR FREE
The Schuh Trust to donate £3 million to the Covid-19 relief effort

Schuh is to donate £3 million to the National Emergencies Trust and the NHS Charities Together Covid-19 Appeal through the Schuh Trust. Founded in 2011 following… View Article

FASHION

The Schuh Trust to donate £3 million to the Covid-19 relief effort

Schuh is to donate £3 million to the National Emergencies Trust and the NHS Charities Together Covid-19 Appeal through the Schuh Trust.

Founded in 2011 following the acquisition of the footwear retailer by US company Genesco, the Schuh Trust has donated between £200,000 and £250,000 to a variety of causes every year since 2011.

Speaking on behalf of the Schuh Trust, Mark Crutchley said: “We have decided that these unprecedented times call for unprecedented action. And so, the trust will be selling off a significant chunk of assets to fund this donation, with the intention of providing critical support to people that urgently need it now, rather than at some point in the future.”

A donation of £2million will be made to the National Emergencies Trust while the NHS Charities Together Covid-19 Appeal will receive a sum of £1 million.

Following the donations, the Schuh Trust said it will continue giving to worthy causes, albeit at a lower level.

It added: “The trustees firmly believe that this is the right decision in the face of this exceptional crisis, to ensure they can offer urgent support now for those in need.”

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News