An Italian court has lifted the special administration imposed on a unit of the Armani fashion group over concerns regarding the labour practices of its Chinese-owned subcontractors. The court ruled that the company had taken all necessary corrective measures.
An Italian court has lifted the special administration imposed on a unit of the Armani fashion group over labour practices of its Chinese-owned subcontractors, it said on Tuesday, because the company had taken all the necessary corrective action.
Giorgio Armani Operations, described as the industrial arm of the Armani group, was placed under court administration for a year in April after an investigation found it had subcontracted work in Italy to Chinese-owned companies that exploited workers.
Over the past ten months, the company has adopted the required organisational model and supplier control procedures, the Milan court said in a statement.
"In detail, the fashion house resolved relationships with 'at-risk' suppliers extremely quickly and also developed several best practices that received court approval," the judges said.
According to the April ruling, Giorgio Armani Operations had outsourced the production of bags, belts and leather goods to two companies, which in turn subcontracted the work to four Chinese companies with workshops on the outskirts of Milan.
Giorgio Armani Operations welcomed the ruling and said that two of its numerous suppliers "betrayed the founding values of the Armani Group, which has never pursued profit as an end in itself and has never waived respect for workers and consumers".
"As also highlighted in the revocation decision, the company already had a structured and tested system of controls and protection of its supply chain," it said in a statement.
In October, the Milan court had lifted the judicial administration imposed on the Alviero Martini fashion brand in January 2024.
In addition to Alviero Martini and Armani, judges had also placed an Italian subsidiary of French luxury giant LVMH, which makes Dior-branded handbags, under the same form of special administration, again for lack of control over its supply chain.
The case on LVMH is still ongoing, having started months later.
Investigations by Italian magistrates, in particular the Milan prosecutor's office, over the last year have uncovered alleged exploitation of workers in the fashion and luxury supply chain.
Milan's Court of Justice proposed in June a nationwide scheme for luxury companies to step up checks on suppliers to ensure they comply with labour laws.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying ...
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence...
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign ...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment