According to Women's Wear Daily, LVMH has also donated $2.3 million to the Chinese Red Cross Foundation.
Elsewhere, Business Insider reported that Miuccia Prada and Patrizio Bertelli have donated two resuscitation and complete intensive care units to each hospital in Milan, Italy — where coronavirus (which causes COVID-19) cases have caused emergency measures nationwide.
COVID-19 and efforts to stem its spread have had a severe impact on several industries, including fashion. Last month, Giorgio Armani opted to hold his Milan Fashion Week show in an empty theater via livestream in an effort to safeguard public health.
Dior has postponed its cruise show, originally scheduled for May 9, and Gucci has also put its 2021 cruise show on hold. Fashion's biggest night out, the Met Gala, has been postponed "indefinitely" as the museum closes temporarily due to health concerns.
Last week, the World Health Organization officially declared the coronavirus a pandemic.
"WHO has been in full response mode since we were notified of the first cases," WHO Director-General Tedros Adhanom Ghebreyesus said. "And we have called every day for countries to take urgent and aggressive action. We have rung the alarm bell loud and clear."
This article originally appeared on InStyle US.