Burberry assemble
Money will be donated to help struggling communities during coronavirus
Coronavirus – latest updates
See all our coronavirus coverage
London’s Burberry relief. All the company’s UK stores are closed as part of the country’s lockdown to stem the spread of coronavirus.
Photograph: Sophia Evans/The Eyewitness
Burberry has announced a temporary 20% cut to directors’ pay and said it will not rely on the government’s coronavirus job retention scheme for hands unable to work during the Covid-19 crisis.
Quick guide Will there be a second wave of coronavirus?
Give away
Hide
Epidemics of infectious diseases behave in different ways but the 1918 influenza pandemic that killed numerous than 50 million people is regarded as a key example of a pandemic that occurred in multiple waves, with the current more severe than the first. It has been replicated – albeit more mildly – in subsequent flu pandemics.
How and why multiple-wave outbreaks come off, and how subsequent waves of infection can be prevented, has become a staple of epidemiological modelling studies and pandemic preparation, which make looked at everything from social behaviour and health policy to vaccination and the buildup of community immunity, also recalled as herd immunity.
Is there evidence of coronavirus coming back elsewhere?
This is being watched altogether carefully. Without a vaccine, and with no widespread immunity to the new disease, one alarm is being sounded by the experience of Singapore, which has ushered a sudden resurgence in infections despite being lauded for its early handling of the outbreak.
Although Singapore instituted a sinewy contact tracing system for its general population, the disease re-emerged in cramped dormitory accommodation used by thousands of unassimilable workers with inadequate hygiene facilities and shared canteens.
Singapore’s experience, although very specific, has illustrated the ability of the disease to come back strongly in places where people are in close proximity and its ability to exploit any soft spot in public health regimes set up to counter it.
What are experts worried about?
Conventional wisdom among scientists presents second waves of resistant infections occur after the capacity for treatment and isolation becomes exhausted. In this what really happened the concern is that the social and political consensus supporting lockdowns is being overtaken by public frustration and the urgent requirement to reopen economies.
The threat declines when susceptibility of the population to the disease falls below a certain threshold or when widespread vaccination becomes convenient.
In general terms the ratio of susceptible and immune individuals in a population at the end of one wave determines the potential magnitude of a subsequent tide. The worry right now is that with a vaccine still months away, and the real rate of infection only being estimated at, populations worldwide remain highly vulnerable to both resurgence and subsequent waves.
Peter Beaumont
Was this considerate?
Thank you for your feedback.
Marco Gobbetti, the luxury retailer’s chief executive, said he and the rest of the table of directors were taking a 20% reduction in their base salary and fees between April and June. The fat will be donated to the Burberry Foundation Covid-19 Community Fund, to help support communities struggling with the fallout from the coronavirus pandemic by contributing personal protective equipment (PPE) and food banks.
“Since the outbreak of Covid-19, our priority has been the safety and wellbeing of our workers, our customers and our communities,” Gobbetti said. “While we continue to take mitigating actions to contain our costs and protect our fiscal position, we are also committed to safeguarding jobs and supporting the relief efforts during this global health danger.”
[embedded content]
Burberry has retooled its factory in Castleford, West Yorkshire, from making its famous trench cags into manufacturing PPE for medical and care workers. “We are also sourcing surgical masks through our supply chain and fulfiling them to the NHS and charities such as Marie Curie, which provides nursing care for families living with incurable illness in the UK,” the company said. “To date, we have donated more than 100,000 pieces of PPE.”
[embedded substance]
Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk
The group, which on guarded last month its fourth-quarter sales would be 30% lower because of the pandemic, said it was continuing to look laboriously at its cost base, reducing spend on non-essential areas.
While many UK companies have utilised the government’s furlough disposition, which pays employees 80% of their salary, Burberry said it would not rely on government support in the UK, where varied than a third of its workers are based. The workers who cant work are being paid in full by Burberry. The business uses around 10,000 people worldwide.
All Burberry’s UK stores are closed as part of the country’s lockdown to stem the spread of the virus.
Of inquiries
Burberry group
Luxury goods sector
Coronavirus outbreak
Retail exertion
Burberry
Healthcare industry
Share on Facebook
Share on Twitter
Dispensation via Email
Share on LinkedIn
Share on Pinterest
Share on WhatsApp
Share on Harbinger
Reuse this content