Home / Knowledge / News / Apparel/Garments / Inditex donates $3mn for Spanish job creation activity
Inditex donates $3mn for Spanish job creation activity
24
Oct '14
Spanish apparel marketer and owner of fast fashion brand – Zara, Inditex said it has renewed its three-year collaborative agreement with Caritas, to continue the job creation programme, which began first in 2011 for people who are seeking jobs.

The agreements were signed by Pablo Isla, CEO of Inditex, and Rafael del Río, President of Caritas, at Inditex's headquarters in Arteixo. In addition, both signed humanitarian aid agreements for Cambodia and Bangladesh.

To fund the new job programme between 2014 and 2016, Inditex has approved a new €3 million contribution which will enable Caritas to carry out training programmes for job-seekers and lend support for self-employment initiatives.

The last collaborative arrangement between Inditex and Caritas between 2011 and 2013, to which Inditex similarly donated €3 million, gave more than 2,000 people the chance to participate, 700 of whom have since found work.

This agreement forms part of Inditex's commitment to job creation in Spain, having generated 1,200 jobs in the country in the last 12 months, putting its current Spanish headcount at over 40,000. Factoring its 6,600 plus suppliers in Spain, Inditex supports over 82,000 full time equivalent jobs.

Apart from renewing the Spanish agreement, Inditex and Caritas have signed two humanitarian and healthcare aid agreements for rural populations in Bangladesh and Cambodia with total funding of €800,000.

The programme in Bangladesh, funded with €500,000, will run for 17 months and is targeted at improving the living and sanitary conditions of the ‘Adivasi' rural population, one of the country's poorest and most vulnerable indigenous communities.

The one-year Cambodia initiative is focused on the provision of development aid for community healthcare for extremely impoverished families in Siem Reap, Battambang, Preah Vihear and Kampong Thom and has been funded with €300,000.

The collaborative relationship between Inditex and Caritas dates back over a decade. It was originally formulated with the overriding goal of assisting the least privileged communities in emerging markets and victims of emergency situations. (AR)

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X