Dior Pays USD 57 to Produce USD 2,780 Luxury Bag! Italian Prosecutors Reveal LVMH Dior and Armani Handbags Made By Exploited Labour
Italian prosecutors have found that Dior pays workers only USD 57 to make bags that sell for USD 2,780. Workers are being exploited and underpaid. It has been reported that some workers even sleep at work to keep up with the demands, and safety measures are often ignored.
Italian prosecutors have revealed that Dior pays its workers only USD 57 to make bags that sell for USD 2,780. Italian luxury brands are paying very little to subcontractors to produce handbags, while retail prices are very high. Investigations have found that workers are being exploited. Some workers are even sleeping at work to meet the constant production demands, while safety devices are being removed to speed up the work. Due to violations of labour laws and unfair competition practices, both Dior, which is a division of LVMH, and Giorgio Armani have been placed under judicial administration for a period of one year. LVMH, led by CEO Bernard Arnault, claims to have improved their supply chain and conducted many audits, according to their environmental and social responsibility report. Sonam Kapoor Slays in Parisian Haute Couture! See Her Look at Dior’s Fall-Winter Show.
Dior Pays USD 57 to Produce USD 2,780 Luxury Bag
Italian prosecutors just uncovered that Dior spends only $57 to produce bags retailing for $2,780
Italian luxury brands are paying minimal amounts to subcontractors for handbag production, with retail prices reaching thousands of dollars.
Investigations reveal that workers are… pic.twitter.com/BbT4ATbSYa
— Evoclique (@Evoclique_) July 3, 2024
(The above story first appeared on LatestLY on Jul 04, 2024 09:11 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
