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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 ...
Loro Piana, a quiet luxury brand known for its high-end cashmere pieces, will undergo court monitoring after an investigation ...
LVMH's Loro Piana Named in Italian Labour Abuse Probe After Dior, Armani | Firstpost America | N18G Luxury cashmere brand ...
LVMH, the world’s biggest luxury group, acquired 80% of Loro Piana in 2013, leaving 20% to the company’s founding family. In June, Loro Piana appointed Frederic Arnault, son of LVMH chairman ...
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 ...
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 ...
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 ...
Loro Piana was acquired by LVMH in 2013, and is currently led by Frederic Arnault, son of LVMH chairman Bernard Arnault. The company did not comment on the proceedings in Milan.
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.
Loro Piana was acquired by LVMH in 2013, and is currently led by Frederic Arnault, son of LVMH chairman Bernard Arnault. The company did not comment on the proceedings in Milan.