Loro Piana, the house once said to be beyond reproach, has just fallen from the hand-woven pedestal on which luxury so loves to perch. In Lombardy, it’s not rare wools that are spun, but illusions. Behind the nobility of the materials lie phantom, undeclared workers, serving a cascading subcontracting system, as opaque as the Marand’s moonless night coat.
The Italian courts have ruled: judicial administration for twelve months. The message is clear: ethics are not trifling, especially when jackets resold for €3,000 are produced for a paltry €100 in sweatshops.
But the affair would be almost trivial if it didn’t affect one of the most cherished jewels of the LVMH group, this empire resembling a contemporary Versailles, ruled with a gloved hand by the “Cashmere Wolf,” known as the lord of the Arnaults. Behind this monarchical figure, all control, image, and global ambition, stretches a kingdom sewn with gold, but sometimes tinged with silence and compromise. Continue reading