An Italian court on Monday placed Loro Piana, the luxury brand owned by LVMH, under judicial administration for indirectly subcontracting production to Chinese companies accused of exploiting workers.
The Milan court ordered a one-year administration for Loro Piana Spa, according to a 26-page ruling reviewed by Reuters.
The administration could be lifted earlier if Loro Piana brings its practices into compliance with legal requirements.
The court stated that the luxury cashmere company had "culpably failed" in its duty to properly oversee its suppliers in order to achieve higher profits.
Loro Piana could not be immediately reached for comment.
LVMH acquired 80% of Loro Piana in July 2013, leaving 20% in the hands of the Italian founding family.
The Italian luxury sector has been rocked by a series of cases involving abusive labor practices within supply chains.
Loro Piana is the fifth fashion company to be targeted by the same Milan court over similar labor issues since December 2023.
Valentino, an Italian unit of LVMH's Dior, Armani, and Alviero Martini have also come under scrutiny from the court.
Judicial administration remains in place for Valentino as well.
(Reporting by Emilio Parodi, French version by Etienne Breban, edited by Augustin Turpin)
LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Net sales break down by family of products as follows:
- fashion and leather items (46.7%): brands such as Louis Vuitton, Christian Dior, Celine, Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Loro Piana, etc.;
- watches and jewels (13%): Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred brands, Tiffany, etc.;
- perfumes and cosmetics products (10.1%): perfumes (Christian Dior, Guerlain, Loewe, Kenzo, Givenchy brands, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc.;
- wines and spirits (6.6%): champagnes (Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Ruinart, Mercier, Château d'Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes brands, etc.; No. 1 worldwide), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (mainly Hennessy; No. 1 worldwide), whisky (mainly Glenmorangie), etc.;
The remaining net sales (23.6%) are from selective distribution through the Sephora, DFS, Miami Cruiseline chains and Le Bon Marché and La Samaritaine department stores.
At the end of 2025, products are marketed via a network of 6,283 outlets located throughout the world.
Net sales are distributed geographically as follows: France (8.3%), Europe (18%), Japan (7.9%), Asia (26.5%), the United States (25.6%) and other (13.7%).
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