Red Circle Investments the press release below and in the attachment, regarding the decision to support the Only The Brave Call Alice project as announced by Renzo Rosso on the occasion of the agreement to exit Masi Agricola from the capital.
Red Circle Investments, Renzo Rosso’s private investment company, has chosen the charitable initiative to support as agreed and announced at the sale of the stake held in Masi Agricola.
The chosen project is Only The Brave Call Alice , the free online psychological helpdesk dedicated to young people between 12 and 25 years old, active since 2021 thanks to the OTB Foundation, the Third Sector body of the fashion group of the same name.
In fact, on the occasion of the exit agreement of Red Circle Investments from the capital of Masi Agricola, the two presidents, Renzo Rosso and Sandro Boscaini, announced that, following the clarification, they would identify a charitable initiative to support (such as from the press release issued by Masi Agricola on 15 March 2024), and the choice of the president of Red Circle Investments fell on this project.
According to data collected by the Italian Society of Child and Adolescent Neuropsychiatry, between 20% and 25% of children and adolescents in Italy show signs of anxiety and depression. To combat the significant increase in these disorders, the OTB Foundation and the Alice ETS Association have created Only The Brave Call Alice , a free help desk aimed at children aged 12 to 25 throughout Italy, a space for listening, discussion and support, a moment of meeting with a professional for those who feel the need in a particularly complex period like this.
Thanks to the collaboration between the OTB Foundation, which has always been attentive to young people and accustomed to responding quickly and effectively to new needs and difficulties, and the Alice ETS Association, of which the well-known psychotherapist Stefania Andreoli is president, over 300 young people have been able to contact the desk since the start of the activity for over 1400 hours of individual consultancy, and the constant increase in the number of requests has pushed the Foundation to better structure this treatment space, guaranteeing that every adult user who needs it will be taken care of at least 10 free psychological interviews.
“ I am very proud of the projects that the OTB Foundation supports, and attention to the problems of young people in particular is something that has always been close to my heart. As communicated, the choice of the project to which to donate should have been jointly with Sandro Boscaini, but not having found an agreement and wanting to keep the public promise made, I decided to proceed and keep faith with my commitment, especially since it concerns social issues, a in which I have been engaged for years. My concept of entrepreneurship is in fact more circular than ever: companies produce, sell, create profits and have the duty to return part of it to society “, is the comment of Renzo Rosso.