Italy's Luxury Brands Shaken By Sweatshop Probes [Barron's]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Barrons
Five fashion brands have been put under court administration since 2024 following probes by Milan prosecutors that uncovered worker abuses and a lack of oversight into the supply chains of some of Italy's most respected brands. Advertisement - Scroll to Continue Most recently, lawyers for luxury leather company Tod's were due in a Milan court Wednesday, where prosecutors want to impose a temporary advertising ban and outside administrators in light of what they have called "malicious" actions by the company. The investigations led by prosecutor Paolo Storari have cast a spotlight on the dark underside of the luxury industry. At issue is the near-ubiquitous practice of brands subcontracting work to suppliers, who in turn contract to others, amid ever-tighter margins and scant oversight of labour conditions. To date, investigations have targeted Loro Piana, Dior's Italian subsidiary Manufactures Dior, Giorgio Armani Operations and Alviero Martini -- and prosecutors have sugge
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