LVMH's Loro Piana Named in Italian Labour Abuse Probe After Dior, Armani | Firstpost America | N18G Luxury cashmere brand ...

Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company ...

A court in Milan has placed Loro Piana under judicial administration after the luxury cashmere brand, owned by LVMH (OTCPK:LVMHF) (OTCPK:LVMUY), was found to have subcontracted work to suppliers ...

The brand was accused of 90-hour work weeks, workers sleeping in the factory, and workers paid €4 an hour to produce coats ...

Referring to "undisclosed and unauthorized subcontractors of one of its suppliers," the Italian luxury company stated that "in breach of its legal and contractual obligations, the supplier did not ...

Cashmere king Loro Piana, part of LVMH's luxury empire, became on Monday the fifth high-end brand to be put under judicial administration in Italy over worker abuses in supply chains, after an ...

Amid plunging profit and scandals at some of its brands, investors are starting to call for the luxury conglomerate to break ...

Loro Piana, the LVMH-owned luxury cashmere brand, faces judicial oversight in Italy due to alleged labor exploitation within its supply chain. Migrant ...

As more luxury brands are exposed for manufacturing pipelines involving exploitative labor conditions, our critic offers tips ...

Frédéric Arnault, one of LVMH CEO Bernard Arnault’s five children, will helm Italian luxury label Loro Piana. Frédéric was appointed CEO of watchmaker Tag Heuer in 2020, and in 2024, he ...

Loro Piana, which sells "Gift of Kings" loafers priced at 1,700 euros ($1,853) and lightweight cashmere coats at over 10,000 euros, became a symbol of the success of the fashion industry's quiet ...

Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors.