LVMH’s Loro Piana placed under court administration over worker exploitation

Loro Piana, the LVMH-owned cashmere brand, has been placed under judicial administration by a Milanese court for subcontracting production to suppliers accused of labor exploitation, making it the fifth fashion company in Italy facing such sanctions in 18 months. The court’s decision mandates a one-year oversight by a court-appointed administrator, although Loro Piana is not under criminal investigation and can regain autonomy by complying with legal requirements.

Explain It To Me Like I’m 5: A court in Milan is watching over the Loro Piana brand because they didn’t treat the people making their clothes fairly, but if they fix their problems in a year, they can go back to normal.

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