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#luxuryhandbags #giorgioarmani #louisvuitton #luxurybrand #luxurygoods
The world’s biggest luxury brand LVMH Moet Hennessy Louis Vuitton is under scrutiny after police raids in Milan, Italy exposed the deplorable conditions in factories where its luxury goods were being manufactured. Footage released by the Italian police revealed shocking scenes of labour exploitation by Chinese companies which were contracted by LVMH to make the luxury goods on which the $390-bn empire stands. What was also revealed in the raids were the ridiculously low manufacturing costs for these luxury goods - in some cases, LVMH enjoyed margins of more than 4,000 per cent on these good. And the fact that, while made in Italy, these products are ultimately being made by Chinese companies out of their sweat-shops in Europe.
#LVMHScandal #LuxuryBrandExposed #LabourExploitation #FactoryRaids #MadeInItaly #ChineseSweatshops #ManufacturingConditions #LuxuryGoods #WorkerRights #CorporateAccountability #LuxuryIndustry #EthicalFashion #SupplyChainIssues #LaborRights #LuxuryMargins #FashionTransparency #PoliceRaids
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