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Fashion brands' profits boosted by worker exploitation in Italy

Italian investigators have been going after the exploitative workshops that ensure luxury brands such high profit margins.© Studio Pachamama

The investigation launched by the Milanese authorities in early 2024 into Italian workshops in breach of labour law has now implicated several leading fashion brands, including Armani, Loro Piana, Dior, Tod's and Valentino. The fact is that these subcontractors charge less, meaning substantial savings on production costs for the luxury sector.

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MSC-founding Aponte shipping clan cosies up to Rolex

One of the heirs to the Swiss-Italian shipping giant is to become a director of the Geneva-based watchmaking group.

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Eyewear brand Jacques Marie Mage sees double in Paris

Luxury eyewear label Jacques Marie Mage opened a shop on Rue de la Paix a few months ago and is now set to open a second address in Paris within the next year.

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With Vette, Condé Nast seeks to exorcise ghost of Style.com

Almost a decade after Style.com, Condé Nast's ruinous and short-lived e-commerce platform, the publisher of Vogue, GQ and Glamour is relaunching a commercial project with Vette. The aim of the platform, which brings together AI, designers and luxury houses, is to monetise the US group's major presence on social media.

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Palais Galliera hires top aide to outgoing Paris mayor

One of Anne Hidalgo's closest associates is about to start working for the French capital's fashion museum.

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