Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
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Italian Authorities Hit Giorgio Armani With $4 Million Fine For False Ethical Claims
Italy’s AGCM fined Giorgio Armani $4M for untruthful ethical claims, linked to past worker abuse allegations in its ‘Made In Italy’ supply chain.
Retail Supply Chains To Be Tested By Tariffs
Only 22% of retail CFOs report having a healthy inventory level. With imports to drop sharply through year end, the stage is set for another supply chain crisis.
More Trouble For Gucci: Lawsuit Claims Unethical Animal Treatment In Supply Chain
A U.S. class-action lawsuit against Gucci claims exotic animals were abused for their skins and customers were deceived that its leather was ethically sourced.
Forced Labor Is Systemic In Luxury Industry Supply Chains: Analysis And Solutions
Dior and Giorgio Armani are among the world’s most reputable companies, ranking in RepTrak’s Top 100 global brand reputation index. So it was a surprise to see these most reputable of companies acted so disreputably when it comes to their supply chain.
