Italy’s AGCM fined Giorgio Armani $4M for untruthful ethical claims, linked to past worker abuse allegations in its ‘Made In Italy’ supply chain.

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Italy’s AGCM fined Giorgio Armani $4M for untruthful ethical claims, linked to past worker abuse allegations in its ‘Made In Italy’ supply chain.
When the industry’s juggernaut – LVMH – sees its largest fashion and leather goods segment down 8% in 1H2025, it is warning of a wider industry downturn.
Despite global trade tensions, a new study finds “Made in USA” remains strong globally. And purchase intent to buy American goods and services is fairly high globally.
Luxury’s focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core luxury values and first principles.
Amazon extends Prime Day to four days and moves it up a week to get in front of tariffs. Walmart and Target plan competing sales events to capitalize on consumer worries.