LVMH Italian fashion house Loro Piana put under court administration
Loro Piana, an Italian luxury fashion brand under LVMH, has come under court administration after authorities found it failed to prevent labor exploitation by subcontractors. Investigators uncovered that subcontracted workshops, which employed Chinese laborers, subjected workers to illegal conditions including long hours, low wages, and poor safety standards. The court labeled the move “preventative,” aiming to shield legitimate businesses from criminal practices while holding Loro Piana accountable for oversight failures. The company ended its supplier relationship swiftly and expressed full cooperation with authorities, reaffirming its commitment to ethical labor practices.
See "LVMH Italian fashion house Loro Piana put under court administration", Lionel Bonaventure, Iosco News Herald, July 15, 2025