PVH pledges $1m to children's projects in sub-Saharan Africa
PVH is building its sourcing interests in Ethiopia and Kenya
US apparel giant PVH Corp, owner of the Calvin Klein and Tommy Hilfiger brands, is channelling $1m to Save the Children programmes in sub-Saharan Africa – where the company is starting to build its apparel sourcing business.
The investment comes as part of PVH's recent business focus on the region, including a woven shirt factory under construction in Ethiopia's Hawassa Industrial Park to be operated as part of a joint venture, sourcing in Kenya, and branded product sales.
The apparel firm announced a worldwide partnership with Save the Children in December 2014, with a multimillion dollar commitment over five years from The PVH Foundation. It now says $1m of this will be directed to schemes in sub-Saharan Africa over the next three years.
"Our philanthropic mission is to support the needs of women and children around the world," says Emanuel Chirico, chairman and chief executive officer of PVH, whose brands also include Van Heusen, Speedo (in North America), Warner's and Olga.
"We are working to drive positive impacts through our efforts to create a 'best-in-class' apparel manufacturing industry in Ethiopia, improve access to high quality early childhood education and provide essential employment training.
"Today's children will be our future CEOs, employees and customers, and this investment allows us to better support Save the Children's efforts to create lasting changes in the lives of children in need."
PVH's funding will support programmes on Youth Employment Training and Early Childhood Care and Development (ECCD).
Ethiopia's flagship industrial park in Hawassa city, south of the capital Addis Ababa, opened in July, with facilities dedicated solely to the textile and apparel sector.
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