Loro Piana Welcome Early Conclusion of Judicial Administration Over Labor Practices [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
The measure was originally supposed to be lifted after 12 months, thus in July 2026. More from WWD Field Notes: FedEx CFO Departs as Critical Loop Charges Up Even Hermès Can't Outrun Luxury's Slowing Demand EXCLUSIVE: Rimowa Names New CEO “The steps we have taken in recent months reflect a rigorous and disciplined approach to strengthening governance and oversight across our value chain,” said Frédéric Arnault, chief executive officer of Loro Piana “We are firmly committed to the highest level of compliance and ethical conduct across our supply chain . Loro Piana's teams are fully mobilized and actively engaged to ensure these principles are consistently upheld and to take decisive action whenever our Code of Conduct is not met. We will continue to evolve and reinforce our standards and practices, guided by responsibility and accountability,” the executive added. According to the Milan Court ruling, the judicial administration was revoked because the LVMH Moët Hennessy
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