Italian stock exchange regulator accuses Ferragamo of market manipulation
The Italian fashion house has been under investigation since last year for manipulating its share price. Glitz.paris has gained access to the case file.
While the hectic atmosphere during the Paris Olympic Games may put off VIP clientele from visiting the city's luxury boutiques, the number of curious onlookers is expected to rise, prompting retailers to revise their security measures.
Like all luxury brands, the French fashion house is unable to guarantee its Chinese cotton supply is free from Uyghur forced labour. Earlier this year, it met with French producers with a view to diversifying its supply.
The luxury brand, which has stepped up its production rate in recent years, is beginning to take an interest in the end of life of its products, in order to comply with relevant legislation and potentially profit from an eco-bonus system.
The American clothing company, which anticipates a fall in sales, is counting on the development of restaurants and cafés to keep up its profile.