Loro Piana news and archive

Exploited labour: Loro Piana (LVMH) is no longer under judicial administration

Rome - Italian fashion house Loro Piana, owned by French luxury giant LVMH, announced on Friday the early termination of its judicial administration by the Court of Milan. “Loro Piana acknowledges the early conclusion of the judicial administration proceedings by the Court of Milan, ahead of the originally scheduled 12-month period,” the Italian...

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Business

LVMH increases stake in Loro Piana to 94 percent

Yesterday, during a conference call with analysts, LVMH chairman and chief executive officer Bernard Arnault announced that the group has strengthened its hold on the Italian brand, Loro Piana. The company conducted a partial buyout in 2025 of the brand's shares held by the Loro Piana family, as reported by Italian news agency Il Sole 24 Ore...

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LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

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Fashion |Opinion

Made in Italy under scrutiny: A call for transparency and credibility

"Made in Italy" has recently come under intense scrutiny, not only due to tariffs that continue to penalise many sectors despite recent trade agreements, but primarily because of persistent issues surrounding illegal labor exploitation. Companies are also grappling with significant difficulties in effectively monitoring their entire supply...

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After labour scandals: Italian government mulls regulation to safeguard Made in Italy’s reputation

The Italian Ministry of Enterprises and Made in Italy (Mimit), the government body responsible for supporting businesses and local production, is reportedly considering the introduction of a certification system after the brand Loro Piana was placed under judicial administration for alleged workers' rights violations. According to Reuters,...

Fashion

Milan court orders judicial administration for Loro Piana

Another case of labour exploitation involving a luxury brand has emerged. This time it concerns LVMH-owned brand, Loro Piana. A Milan Court has ordered judicial administration for one year for Loro Piana. Frédéric Arnault has been the CEO of the company since June 10. According to Italian news agency Ansa, the measure taken by the judges of the...

Fashion

Loro Piana debuts Sesia bag

Loro Piana is taking its shot at releasing an It bag. The brand, which is best known for their luxurious cashmeres, has debuted the Sesia. The bag is named after the valley that houses Loro Piana’s headquarters and the river that crosses through it. The rivers bends inspired the curved shaped of the bag. In the past, Loro Piana hadn’t placed a...

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LVMH adds luxury brands Fendi and Loro Piana to Andrea Guerra’s responsibilities

French luxury group LVMH has expanded Andrea Guerra’s role: Made CEO for hospitality excellence in February of this year, which includes the Cheval Blanc and Belmont hotels, the 55-year-old will also oversee the businesses of luxury brands Fendi and Loro Piana from January 2021. While the hospitality division will remain Guerra’s focus, he is...

Fashion

Mr Porter taps Italian label Loro Piana for exclusive capsule collection

Menswear e-tailer Mr Porter has teamed up with Italian luxury label Loro Piana for a 10-piece capsule collection. The collection, which marks Loro Piana’s first collaboration with a retailer, is centred around the label’s unique interpretation of classic blue denim and is available exclusively on Mr Porter. The capsule comprises functional...