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  1. Home
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100 new news items in the last 24 hours
3 August 08:50

The Italian competition authority has fined Giorgio Armani for misleading commercial practices related to suppliers' working conditions.

Sanziana Georgescu
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International
sursa foto: Robert W / Alamy / Profimedia
Giorgio Armani has been fined €3.5 million for issuing misleading statements on ethics and social responsibility that contradict working conditions at its suppliers. The authority found that bag production had been outsourced and subcontractors employed workers under illegal conditions. The brand challenged the decision, saying it acted transparently. This is not the first investigation, with other luxury brands being investigated for similar practices.

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News.ro
Italia: Autoritatea Antitrust amendează Giorgio Armani cu 3,5 milioane de euro pentru practici comerciale înşelătoare
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Stirile ProTV
Amendă de 3,5 milioane de euro aplicată brandului Armani pentru practici comerciale înșelătoare. Casa de modă va face apel
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Digi24
Brand de lux, amendat cu 3,5 milioane de euro. Muncitorii lucrau în condiții ilegale

ȘTIRI PE ACELEAȘI SUBIECTE

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International
The European Commission imposed fines of over 157 million euros on major fashion houses Gucci, Chloé, and Loewe for anti-competitive practices.
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International
Giuseppe Marsocci, the deputy general director of the Armani Group, will take over the leadership of the fashion house after the death of Giorgio Armani, according to sources.
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International
Kering, the owner of Gucci, is close to selling its beauty division to L'Oréal for 4 billion dollars
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Economy
The Competition Council has fined four companies a total of 2.3 million lei for rigging public tenders organized by CNAIR.
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Giorgio Armani fine misleading commercial practices working conditions

Informat Moldova

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Republic of Moldova
8 hours before

The candidate for the position of Prime Minister of the Republic of Moldova, Alexandru Munteanu, has started public consultations with the business environment for the development of the government program.

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