Loro Piana

The LVMH-owned cashmere brand is the fifth luxury label to be caught in an Italian scandal that has raised questions about the integrity of the sector’s vaunted supply chains. Sarah Kent joins The Debrief to unpack.

This week, court documents linking the top-end brand to Chinese sweatshops outside Milan called the entire luxury sector’s credibility into question.

Consumers appear to be calling time on an industry that long ago stopped selling real luxury goods, writes Eugene Rabkin.

LVMH’s high-end cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan.

The Italian cashmere firm has been placed under judicial administration for a year due to alleged worker exploitation and inadequate oversight within its supply chain.

The Italian brand’s current chief Damien Bertrand will become deputy CEO at Louis Vuitton. Meanwhile, Fendi’s CEO Pierre-Emmanuel Angeloglou will move to Dior.

Beneath luxury’s glamorous surface lies a network of supply chains tangled with the same labour abuses as fast fashion. Brands can, and should, do better, argues Caterina Occhio.

This week, designers, collectors and major fashion brands will flock to Milan’s design fair. Also, LVMH reports first-quarter sales.

Thirty years of providing the world’s finest wool to the fashion house Loro Piana has done almost nothing for the Indigenous people of the Peruvian Andes.

In an in-depth interview with BoF, chief executive Damien Bertrand breaks down the strategy shifts he’s put in place to unlock the uber-luxe label’s growth potential.