don't worry, the fashion industry will take care of this.
Francois-Henri Pinault, the chairman and chief executive officer of Gucci owner Kering SA, and his father, Francois Pinault, will donate
100 million euros from their Artemis investment company, the family said Tuesday in an emailed statement.
Their archrival, the Arnault family, responded minutes later with a pledge of
200 million euros and the architectural and design resources of their LVMH fashion conglomerate.
