Italy: Loro Piana (LVMH) under judicial administration due to labour exploitation in supply chain Europe Following production subsidiaries of Armani, Dior and Valentino, Loro Piana (a historic Italian luxury brand best known for fine wools, now controlled by LVMH) has been placed under judicial administration for a year for failing to verify working conditions in the production chain. The company has negligently contributed to a system of labour exploitation, particularly of Chinese workers in illegal workshops in northern Italy.
Omnibus Directive takes another step towards deregulation Europe On June 23, European Member States adopted a common position on the Omnibus directive. This follows the Commission’s postponement of CSRD and duty of care in April 2025.…
Regulatory Omnibus package: What practical adjustments should retailers make to CSR obligations? Europe In mid-April, the EU Council reshuffled the deck on the implementation of extra-financial reporting and the duty of care. A major postponement was agreed and a compromise on substantive changes to these two texts, which now form the ‘Omnibus package’. This directive still has to be adopted by Parliament by the end of the year.
