Dior and Armani were busted having their women's handbags made by exploited and illegal Chinese workers in Italy, where the companies would buy the handbags the workers made for about $57 and then sell them through their stores for $2,780.
Dior is part of the LV empire, so hopefully you or your wife don't have any of these bags sitting around! At least now you have an excuse to not buy one of these as a gift next time, if requested!
https://twitter.com/user/status/1808695988678504850
I don't have access to the WSJ but did find a link to Financial Times that was free for me.
https://www.ft.com/content/8f182b91-...7-8070f70b4ee4
Quote:
The Dior leather bag supplier Milan investigators long had their eyes on was located close to the Via del Lavoro in the suburban city of Opera — or labour street. But behind its doors they uncovered employment practices of another age.
They found evidence of illegally hired workers, forced to sleep inside the factory and work long hours, including nights and holidays, in an unsafe environment, according to a statement#from the Milan prosecutor’s office.
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Don't buy the below take that Dior and others wouldn't have known about this.
Quote:
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“When you are buying an item for €50 and selling it for more than €2,500, like in Dior’s handbags case, you may not know your Chinese supplier is exploiting workers, but you are very aware you are making an enormous profit on each piece and evidently that’s the priority so you don’t ask the other questions,” said a fashion industry investor speaking on condition of anonymity.
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