exploitation Archives

Dior unit put under court administration in Italy over labour exploitation

June 10, 2024 mpsingh No Comments Beauty administration, Court, Dior, exploitation, Italy, Labour, put, unit

By Reuters Published Jun 10, 2024 An Italian court on Monday placed under judicial administration a company owned by the Italian unit of French fashion group Christian Dior for subcontracting its production to Chinese companies that exploited workers. The court in Milan ordered a one-year administration for Manufacturers Dior Srl, according to the ruling seen [...]read moreDior unit put under court administration in Italy over labour exploitation

U.S. Treasury’s financial crimes network warns of elder exploitation

April 19, 2024 mpsingh No Comments Real estate crimes, Department of the Treasury, Elder, exploitation, Federal Bureau of Investigation, financial, HUD, Network, Treasurys, U.S, warns

The Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury, is sounding the alarm over challenges faced by elder financial exploitation (EFE). In a newly released trends report, FinCEN highlighted more than $27 billion worth of “suspicious activity” across more than 155,000 filings of Bank Secrecy Act (BSA) data with [...]read moreU.S. Treasury’s financial crimes network warns of elder exploitation

Armani Group company in receivership over labour exploitation probe

April 5, 2024 mpsingh No Comments Beauty Armani, company, exploitation, Group, Labour, Probe, receivership

By Reuters API Published Apr 5, 2024 An Italian court on Friday placed under judicial administration a company owned by Italian fashion group Armani for indirectly subcontracting its production to Chinese companies that exploited workers. The court in Milan ordered a one-year receivership for Giorgio Armani Operations, described as an industrial company of the Armani [...]read moreArmani Group company in receivership over labour exploitation probe

US lawmaker demands LVMH’s Loro Piana answer for ‘exploitation’ in Peru

March 19, 2024 mpsingh No Comments Business Answer, Demands, exploitation, Lawmaker, Loro, LVMHs, Peru, Piana

By Bloomberg Published Mar 19, 2024 A US lawmaker wants Loro Piana to answer for what he sees as the “exploitation” of Indigenous workers providing raw materials for the Italian fashion house’s trademark luxury sweaters. Loro Piana SS23 The company, a subsidiary of LVMH Moët Hennessy Louis Vuitton SE, has been making garments out of [...]read moreUS lawmaker demands LVMH’s Loro Piana answer for ‘exploitation’ in Peru