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.
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.
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.
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.
A Milan court just placed LVMH’s Christian Dior brand under judicial administration for a year after an investigation found two of its Chinese-owned subcontractors based outside Milan had exploited their workers. This followed a similar judgment in April against Giorgio Armani for “culpably failing” to oversee its suppliers, according to Reuters. While Dior was not […]