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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 held […]
Despite dire warnings about product shortages impacting holiday retail sales, American consumers found plenty to satisfy their needs. Retail sales for the year advanced a record 14% year over year, reaching $4.47 trillion excluding autos, auto parts stores and gas stations, reaching a 20 year high.Yes, shoppers have been forced to get used to spot […]
Dressing the kids to go back-to-school, not to mention yourself to get back-to-work, will cost more this year.Overall, the consumer price index for apparel rose 4.2% from August 2020 through August 2021. Fortunately for parents, children’s clothing prices advanced less, up 1.4% for boys and 2.8% for girls. But new kid’s shoes will cost 5.9% […]
Speaker, author, and market researcher Pamela N. Danziger is internationally recognized for her expertise on the world’s most influential consumers: the American Affluent. As founder of Unity Marketing, Pam leads with research to provide brands with actionable insights into the minds of their most profitable customers.
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