±«ÓãÖ±²¥ Corporation Announces $250,000 in Humanitarian Aid to Refugees Fleeing Ukraine and a Temporary Suspension of Commercial Activities in Russia
Based on the escalating crisis in Ukraine, ±«ÓãÖ±²¥ Corporation is temporarily suspending our commercial activities in Russia. ±«ÓãÖ±²¥ will temporarily close our Vans® owned and operated retail locations across the country, as well as suspend the processing of Vans® and The North Face® e-commerce orders on their brand sites.
To provide assistance to the growing wave of refugees fleeing Ukraine, The ±«ÓãÖ±²¥ Foundation has donated $250,000 to the UNHCR, the UN’s Refugee Agency dedicated to saving lives, protecting rights and building a better future for refugees, forcibly displaced communities and stateless people. This initiative is closely aligned to ±«ÓãÖ±²¥â€™s Purpose and supports one of The ±«ÓãÖ±²¥ Foundation’s key priorities to provide humanitarian relief and recovery.
In addition, ±«ÓãÖ±²¥ is providing an opportunity for our associates to support the refugee crisis personally by establishing a 1-for-1 matching program whereby The ±«ÓãÖ±²¥ Foundation will match associate donations up to an additional $100,000. ±«ÓãÖ±²¥ is managing this associate donation program through GlobalGiving’s .
The company continues to monitor the evolving situation and our thoughts are with everyone that has been affected by the tragic events.
*±«ÓãÖ±²¥â€™s business in Russia and Ukraine is not material and makes up significantly less than 1% of the company’s total annual revenue.
