Armani has been fined €3.5 million by the Italian Competition Authority (AGCM) for making statements about ethical and social responsibility that contradicted the working conditions of its subcontractors. The Italian group is appealing the decision. Dior, which was also investigated, was cleared but forced to pay a fine to the victims of its subcontractors.
Even for a luxury group, the bill is steep.
The Italian Competition and Market Authority (Agcm) has fined Giorgio Armani €3.5 million for statements on ethical and social responsibility that did not correspond to the actual working conditions of its suppliers.
Dior cleared
Last May, Dior, itself suspected of similar practices, was cleared by the courts. However, the flagship brand of the LVMH group was ordered to provide €2 million in financial support to the victims and to select and monitor its suppliers more strictly.
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Read also > Abusive practices by Italian subcontractors: Dior cleared but still ordered to pay €2 million to victims
Featured photos: © Giorgio Armani
